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The Logic Of Life: Uncovering The New Economics Of Everything

The Logic Of Life: Uncovering The New Economics Of Everything

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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.

Details of Book

ISBN13: 9780316027564
ISBN10: 0316027561
Language: English
Publisher: Random House Inc
Publication Year: 2008
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Explores the rational choices behind everyday human behaviors.

  • Who is this book for?

    If you're curious about what drives the seemingly irrational decisions around you, this book offers a fascinating look into how economics explains it all. It turns complex societal issues into engaging stories, making the world feel surprisingly logical and connected. You'll see everyday life through a new lens that truly challenges what you thought you knew.

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