The Logic of Life
The Logic of Life: The Rational Economics of an Irrational World
by Tim Harford
Tim Harford has the answers to some of our country’s most vexing questions. Why is divorce so prevalent? Why are CEOs paid so much? Why are teenagers having more oral sex? Why do we flock to live in expensive cities? Why does racism persist? It turns out that the answer is always the same: because we are rational actors. The ways Harford arrives at the answer, though, involves several intricately designed economic studies, personal anecdotes and thought …
