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.

Author: Akinozshura Fegor
Country: Burundi
Language: English (Spanish)
Genre: Sex
Published (Last): 3 July 2012
Pages: 485
PDF File Size: 10.72 Mb
ePub File Size: 9.77 Mb
ISBN: 758-9-99982-971-8
Downloads: 59855
Price: Free* [*Free Regsitration Required]
Uploader: Kilmaran

The last essay about environmentalism was certainly eye-opening for me. Not necessarily — an energy-efficient car reduces the price of driving, and people will choose to drive more.

Now, how much they have suffered is hard to quantify. I have to give this book a three since I did learn something, although I really hold it in remarkable contempt.

Secondly, prices are good, the role of having prices in our society as a justful guideline, e. Occasionally people are tempted to respond that nothing — or at least none of the things I”ve listed — is worth any risk of death. The last chapter, “Why I am Not an Environmentalist” really made me think, as Landsburg outlines the reasons why commonly-held beliefs on the behaviours that help the environment may not be as effective as we think.

Choosing to drive faster or more recklessly is tantamount to choosing more accidents, at least in a probabilistic sense. Books by Steven E.


Armchair Economist

Contrary to Naked Economics, this book actually taught me something new and that was quite unexpected. In the middle s, Sam Peltzman of the University of Chicago did just that. Thanks for telling us about the problem.

What IS presented by Landsburg are sound, economic analysis and d I wasn’t going to bother commenting on this book but in regard to some of the other comments I feel I must. Seat belts cause accidents because well-protected drivers take more risks.

Nov 24, Tony Cohen rated it liked it. Alchian confidently predicts that we would see a lot less tailgating. In order to this risky job, management and executives are employed. If you find it hard to believe that people drive less carefully when eclnomist cars are safer, consider the proposition that people drive more carefully when their cars are more dangerous.

But my local watering holes do nothing to attract flocks of economists, and there is almost zero chance of sneaking it into romantic pillow talk with one, as described above. Other editions – View all The Armchair Economist: Take it lnadsburg with a grain of salt, though.

This question cannot be answered by pure logic.

When the price of gasoline is low, people choose to buy more gasoline. What I enjoyed most about this book was that the examples were so clear that I felt like I actually understood some of the basic principles of economy – and some of the things Mr.

The Armchair Economist: Economics and Everyday Life – Steven E. Landsburg – Google Books

The signs are intended to signal other drivers that they should use extraordinary care. An economics professor’s sometimes charming, sometimes glib, always counterintuitive guide to evaluating the small anomalies of daily life in a free-market society. There is nothing in this book that pushes a political agenda unlike MOST of the more recent psuedo-economics books being published. We all know how people like Copernicus and Galileo were treated when they suggested the same.


Now, recognizing the principle of the need to weigh emotional benefits and costs with any economic plan, accepting the complete dollar exchange equality economiat million people have suffered. Economics and Everyday Life is an economics book written by Rochester professor of economics Steven Landsburg.

But instead of focusing on ceonomist workings of financial markets, international trade, and other topics distant from the experience of most readers, Landsburg mines the details of daily life to reveal what the laws of economics tell us about ourselves.

Why do restaurants earn higher profits on liquor than on food? The economist”s faith in the power of incentives serves him well, and he trusts it as a guide in unfamiliar territory. New Releases Books and The City. We need not ask whether small pleasures are worth any risk; the answer is obviously yes.