Economists love to explain away the world. Even the most socially tragic outcomes can have their roots in rational decisions. Tim Harford takes on everything from promiscuous teens and office slackers to gamblers and segregation in his new book, The Logic of Life.
Some of the arguments sound familiar (ie. the chapter that’s provocatively “Is Divorce Underrated?” ends up citing commonly understood trends about labor divisions and demographic trends), but overall the book is a fun read. Who can say that about most economics texts?
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