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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The Logic of Life
Wed, 1 May 2019 | Review
by: Erik V.
Brilliant book by Tim Harford. This book asks all the Why? Questions of life and then attemps to answer this in the most rational & econimic way possible. Excellent read for young pre-graduate economic students or any one that is searching for answers to basic human irrational behaviour.
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