Witty economists are about as easy to find as anorexic mezzo-sopranos, natty mujahedeen, and cheerful Philadelphians. But Steven E. Landsburg is one. The Armchair Economist by Steven E. Landsburg – Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes. In The Armchair Economist, Steven E. Landsburg shows how economic thinking illuminates the entire range of human behavior. But instead of focusing on the.
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This is one of three books that I read, thought little of, and never got around to that form my first? Lists with This Book.
Aug 29, E rated it it was amazing. He found that the two effects were of approximately equal size and therefore cancelled each other out. Not thrilled about this book. Here economisr a striking way to frame the question: Steven Landsburg’s writings were my post collegiate introduction to the real value of studying economics.
Quotes from The Armchair Econ And as time progresses, I think I can enjoy the life with eclnomist bit more joy by looking through the glasses of an economist.
Trivia About Armchair Economis It is in no sense foolhardy to take more risks when you have a padded dashboard. It’s tone reminds me of the Black Swan, as author sounds condescending at times. In all cases, it made me think, which is why it’s worth reading. Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way.
Feb 23, Daniel rated it it landdsburg amazing Shelves: This widely documented fact comes as landsbrug surprise to most people, but not to economists, who have learned, perhaps better than most, to take seriously the proposition that people respond to incentives in complicated ways.
This affords an opportunity for some drivers to influence the behavior of others. Why are some goods sold at auction and others at pre-announced prices?
The Armchair Economist – Wikipedia
Now, how much they have suffered is hard to quantify. Jensen, The Cleveland Plain Dealer I like how Landsburg uses anecdotes and harsh criticism to reflect his personal thoughts on various observable issues. It is a sad thing that when logic does not match someone’s view of the world that they then have to start hurling insults and result to name calling rather than take a hard look at ladsburg facts in front of them.
All intriguing questions, which the author has no intention of fully exploring. But can it control the rate of accidents itself?
Dec 09, Connor rated it it was ok. Landsburg wields the tools of the economist’s tradeto solve these puzzles, often reaching economkst that are at odds with our intuition. Why does popcorn cost so much at the cinema? Economics suggests that many drivers are more cautious in the presence of a Baby on Board sign.
To see what your friends thought of this book, please sign up. Well wearing seat-belts can ensure that in an accident, seat-belts will reduce the probability of your death. Economost an honest note, I still couldn’t fully understood a few of those arguments. This, incidentally, suggests an interesting research project.
Economics and Everyday Life. Mar 27, Summer rated it it was ok Shelves: While some might wish they had an extra 10 Ferragamo shoes to wear, I am guessing others feel happy that the poor are better off.