hidden order the economics of everyday life

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Hidden Order

Author : David D. Friedman
ISBN : 0613921070
Genre : Business & Economics
File Size : 80. 61 MB
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A lighthearted approach to basic economics explains how to find order in everyday chaos, noting the economic impact of such daily decisions as recycling, driving through rush hour, entering relationships, and raising children

Hidden Order

Author : David D. Friedman
ISBN : UOM:39015036053901
Genre : Fiction
File Size : 33. 45 MB
Format : PDF, ePub, Mobi
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An economist and author of Price Theory explains how the fundamental principles of economics can be used to understand marriage, children, crime, war, and other important aspects of modern life. 20,000 first printing.

Hidden Order

Author : David D. Friedman
ISBN : 0887308856
Genre : Business & Economics
File Size : 35. 41 MB
Format : PDF
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David Friedman has never taken an economics class in his life. Sure, he's taught economics at UCLA. Chicago, Tulane, Cornell, and Santa Clara, but don't hold that against him. After all, everyone's an economist. We all make daily decisions that rely, consciously or not, on an acute understanding of economic theory--from picking the fastest checkout tine at the supermarket to voting or not voting, from negotiating the best job offer to finding the right person to marry. Hidden Order is an essential guide to rational living, revealing all you need to know to get through each day without being eaten alive. Friedman's wise and immensely accessible book is perfect for amateur economists, struggling economics students, young parents and professionals--just about anyone who wants a clear-cut approach to why we make the choices we do and a sensible strategy for how to make the right ones.

The Armchair Economist

Author : Steven E. Landsburg
ISBN : 9781471112232
Genre : Business & Economics
File Size : 32. 61 MB
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Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The 'obvious' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the 'obvious' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they'd have raised prices before the frost. Why don't concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why are some goods sold at auction and others at pre-announced prices? Why do boxes at the football sell out before the standard seats do? Why are bank buildings fancier than supermarkets? Why do corporations confer huge pensions on failed executives? Why don't firms require workers to buy their jobs? Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way. This is a book of surprises: a guided tour of the familiar, filtered through a decidedly unfamiliar lens. This is economics for the sheer intellectual joy of it.

The Why Axis

Author : John List
ISBN : 9781446473740
Genre : Business & Economics
File Size : 27. 65 MB
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Based on groundbreaking original research, The Why Axis is a colourful examination of why people do what they do – and how effective incentives can spur people to change their behaviour and achieve more. Uri Gneezy and John List are a little like the anthropologists who spend months in the field studying people in their native environments. But rather than acting as impartial observers, these two intrepid economists have set out to study the ways people act in order to try to solve major problems in society, such as the gap between rich and poor students and the violence plaguing inner city schools; the real reasons people discriminate; and the continuing pay disparity between men and women. Their field experiments in the factories, communities, and shops where real people live, work, and play show how incentives can change outcomes. Their results will change the way you think about and take action on both small and large problems, and force us as a society to stop making assumptions and to rely instead upon the evidence of what really works.

The Undercover Economist

Author : Tim Harford
ISBN : 9780199926510
Genre : Business & Economics
File Size : 72. 67 MB
Format : PDF
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Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, health care providers, and coffee chains--to name just a few--are vacuuming money from our wallets.

Economics Explained

Author : Robert L. Heilbroner
ISBN : 9780684846415
Genre : Business & Economics
File Size : 74. 23 MB
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Explains the basic concepts of economics, describes how our economy runs, and discusses big business and international economics

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