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    3. The Logic Of Life

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    The Logic Of Life: Uncovering the New Economics of Everything

    Tim Harford

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    'Truly eye-opening... There is almost no situation that Harford cannot dissect with his sharp economist s tools...economics has never been this cool NEW STATESMAN

    If humans are so clever, why do we smoke and gamble, or take drugs, or fall in love? Is this really rational behaviour? And how come your idiot boss is so overpaid? In fact, the behaviour of even the unlikeliest of individuals - prostitutes, drug addicts, racists and revolutionaries - complies with economic logic, taking into account future costs and benefits, even if we don t quite realise it. We are rational beings after all.

    More books by Tim Harford
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    Fifty Things that Made the Modern Economy
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    Messy
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    The Undercover Economist Strikes Back
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    The Undercover Economist Strikes Back: The Economy - A User's Manual
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    Adapt
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    Dear Undercover Economist
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    Praise for The Logic Of Life

    • The chapter "Why is Your Boss Overpaid?" is in itself worth the price of this book - Sunday TELEGRAPHThis is no minor thesis . . . If you loved [The Tipping Point and Freakonomics] you'll love this - FINANCIAL TIMES

    Tim Harford

    Tim Harford

    Tim Harford writes the Dear Economist column for the FT Saturday magazine. An award winning public speaker, Tim has been an economist for a major oil company and an economics tutor at Oxford University.

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