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Description - The Logic of Life by Tim Harford

THE UNDERCOVER ECONOMIST showed how ordinary economics explained everyday curiosities, such as the price of a cup of coffee and the traffic jam on the way to the supermarket. THE LOGIC OF LIFE shows how the new economics of rational choice theory explains much, much more. Drug addicts and teenage muggers can be rational. Suburban sprawl and inner city decay are rational. Endless meetings at the office and the injustices of working life? Rational. Economics explains why your boss is overpaid, whether we should build more prisons, and whether a city like New Orleans can recover from disaster. THE LOGIC OF LIFE introduces you to engaging stories and characters linked together in a bold narrative sweep. The book starts with the most intimate decisions - to have sex, to take drugs, to lead an honest life - then zooms out to discuss the logic of the family, of neighbourhoods, large corporations, cities themselves. This is the new economics of everything you never thought was economics, and it will help you see the world in a new way.

Buy The Logic of Life by Tim Harford from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780316027564
ISBN-10: 0316027561
Format: Hardback
(242mm x 162mm x 23mm)
Pages: 288
Imprint: Little, Brown & Company
Publisher: Little, Brown & Company
Publish Date: 1-Jan-2008
Country of Publication: United States

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Author Biography - Tim Harford

Tim Harford writes the 'Dear Economist' column for the FT Saturday magazine. An award winning public speaker, Tim has been an economist for a major oil company and an economics tutor at Oxford University.

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