Harford Tim: Logic of Life

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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 fac, 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. Shows how the new economics of rational choice theory can explain rationality and injustice. Starts with the most basic decisions, such as whether to take drugs, then deals with the wider picture, looking at the logic of large corporations and cities. From the author of }The Undercover Economist{, which sold 200,000 copies. A dazzling application of new economic theories to the world around us - by the author of THE UNDERCOVER ECONOMIST. Publikace: Logic of Life - Tim Harford. Publikace: Logic of Life - Tim Harford.