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The Logic of Life
By: Tim Harford
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ISBN: 9780349120416 Publisher: Little, Brown Book Group
Year of publishing: 2009 Format: Paperback
No of Pages: 288 Language: English
Truly eye-opening ...There is almost no situation that Harford cannot dissect with his sharp economist's tools ...economics has never been this cool' NEW STATESMAN If humans are so clever, why do we smoke...Read more
Truly eye-opening ...There is almost no situation that Harford cannot dissect with his sharp economist's tools ...economics has never been this cool' NEW STATESMAN If humans are so clever, why do we smoke and gamble, or take drugs, or fall in love? Is this really rational behaviour? And how come your idiot boss is so overpaid? In fact, the behaviour of even the unlikeliest of individuals - prostitutes, drug addicts, racists and revolutionaries - complies with economic logic, taking into account future costs and benefits, even if we don't quite realise it. We are rational beings after all.
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About the author: Tim Harford
Review:The chapter "Why is Your Boss Overpaid?" is in itself worth the price of this book Sunday TELEGRAPH This is no minor thesis ... If you loved [The Tipping Point and Freakonomics] you'll love this...Read more
The chapter "Why is Your Boss Overpaid?" is in itself worth the price of this book Sunday TELEGRAPH This is no minor thesis ... If you loved [The Tipping Point and Freakonomics] you'll love this FINANCIAL TIMES
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