Adam Smith Institute

Europe's favourite think tank website
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size
Book of the week Print E-mail
Written by Booksmith   
Saturday, 24 May 2008

This week I recommend The Logic of Life: Uncovering the New Economics of Everything by Tim Harford (£12.53 + postage).
 
Harford's The Undercover Economist  showed how ordinary economics explained everyday curiosities, such as the outrageous price of a cup of coffee and the traffic jam on the way to the supermarket. His new book shows how the new economics of rational choice theory explains much, much more. Drug addicts and teenage muggers are 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, and whether we should build more prisons, even whether to have sex, take drugs, and be honest. Racy stuff.

Buy it here from the ASI bookstore.

Comments (0)Add Comment

Write comment
This content has been locked. You can no longer post any comment.

busy
 

About the ASI

The Adam Smith Institute is the UK's leading innovator of free-market economic and social policies. Politically independent and non-profit, the Institute promotes its ideas through reports, briefings, events, media appearances, and its website and blog. For further information, click here.

Join our email list

Keep up-to-date with the latest events, reports and information from the Adam Smith Institute by joining our fortnightly email list. It's free and you can unsubscribe at any point. Just enter your email address here: 


Support the ASI

Enter Amount: