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The Return of the Economic Naturalist

How Economics Helps Make Sense of Your World

By Robert H. Frank

(28)

| Mass Market Paperback | 9780753519660

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Book Description

The Economic Naturalist is back with a whole batch of intriguing new questions and answers, drawn from his "New York Times" columns, that reveal how we really behave when confronted with economic choices. Do tax cuts for business owners really stimul Continue

The Economic Naturalist is back with a whole batch of intriguing new questions and answers, drawn from his "New York Times" columns, that reveal how we really behave when confronted with economic choices. Do tax cuts for business owners really stimulate employment? Why shouldn't we just leave everything to the market? And why do we all save so little? Discover the answers to these and many more questions. With his trademark plain-speaking wit and insight, Robert Frank shows through dozens of examples how our personal choices about everything from paying for food and housing to large-scale policy decisions about taxation and the regulation of markets all boil down to the same simple economic principles, often resulting in the same wasteful mistakes. He shows that while our desires may be boundless, the resources necessary to satisfy them remain limited and argues that choices are always best made pragmatically - by carefully weighing the costs and benefits of competing options. This is a fascinating, entertaining and revealing collection full of insights that have more bearing than ever on our bank balances and our personal happiness.

1 Reviews

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  • 1 person finds this helpful

    Author's position is easy to guess after reading the first few articles: tax cut only encourages wealthy people to spend more money to out-do or crowd-out people, with the basic needs of the poor got deprived of. The same idea was vetted throughout t ...(continue)

    Author's position is easy to guess after reading the first few articles: tax cut only encourages wealthy people to spend more money to out-do or crowd-out people, with the basic needs of the poor got deprived of. The same idea was vetted throughout the book and I found it too much.

    I like his use of basic economic theories to explain common social phenomenon, especially the winner-take-all situation in financial sectors and schooling. To conclude, "Economic Naturalist", the same author's earlier book, is much more interesting.

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    Waleswong said on Mar 24, 2010 | Add your feedback

Book Details

  • Rating:
    (28)
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  • English Books
  • Mass Market Paperback 272 Pages
  • ISBN-10: 0753519666
  • ISBN-13: 9780753519660
  • Publisher: Virgin Books
  • Publish date: 2009-05-28
  • Dimensions: 110 mm x 844 mm x 1,257 mm
  • Also available as: eBook
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