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The Economic Naturalist

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Release : 2018-07-03
Genre : Business & Economics
Kind : eBook
Book Rating : 832/5 ( reviews)

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Book Synopsis The Economic Naturalist by : Robert H. Frank

Download or read book The Economic Naturalist written by Robert H. Frank. This book was released on 2018-07-03. Available in PDF, EPUB and Kindle. Book excerpt: Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world-which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. Drive-up ATM keypads have Braille dots because it's cheaper to make the same machine for both drive-up and walk-up locations. Travelers from Kansas City to Orlando pay less because they are usually price-sensitive tourists with many choices of destination, whereas travelers originating from Orlando typically choose Kansas City for specific family or business reasons. The Economic Naturalist employs basic economic principles to answer scores of intriguing questions from everyday life, and, along the way, introduces key ideas such as the cost-benefit principle, the “no cash on the table” principle, and the law of one price. This is as delightful and painless a way to learn fundamental economics as there is.

The Economic Naturalist's Field Guide

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Release : 2010-04-27
Genre : Business & Economics
Kind : eBook
Book Rating : 405/5 ( reviews)

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Book Synopsis The Economic Naturalist's Field Guide by : Robert H. Frank

Download or read book The Economic Naturalist's Field Guide written by Robert H. Frank. This book was released on 2010-04-27. Available in PDF, EPUB and Kindle. Book excerpt: Ask a dozen talking heads about how the economy works and what course of action we should take and you'll get thirteen different answers. But what if we possessed a handful of basic principles that could guide our decisions -- both the personal ones about what to buy and how to spend but also those national ones that have been capturing the headlines? Robert H. Frank, (a.k.a. the Economic Naturalist) has been illustrating those principles longer and more clearly than anyone else. In The Economic Naturalist's Field Guide, he reveals how they play out in Washington, on Wall Street, and in our own lives, covering everything from tax policy to financial investment to everyday decisions about saving and spending. In today's uncertain economic climate, The Economic Naturalist's Field Guide's insights have more bearing on our pocketbooks, policies, and personal happiness than ever.

The Economic Naturalist

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Author :
Release : 2011-06-30
Genre : Business & Economics
Kind : eBook
Book Rating : 970/5 ( reviews)

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Book Synopsis The Economic Naturalist by : Robert H Frank

Download or read book The Economic Naturalist written by Robert H Frank. This book was released on 2011-06-30. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever wondered why there is a light in your fridge but not in your freezer? Or why 24-hour shops bother having locks on their doors? Or why soft drink cans are cylindrical, but milk cartons are square? The answer is simple: economics. For years, economist Robert Frank has been encouraging his students to ask questions about the conundrums and strange occurrences they encounter in everyday life and to try to explain them using economics. Now in this bestselling book, he shares the most intriguing - and bizarre - questions and the economic principles that answer them to reveal why many of the most puzzling parts of everyday life actually make perfect (economic) sense.

The Darwin Economy

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Release : 2012-09-16
Genre : Business & Economics
Kind : eBook
Book Rating : 689/5 ( reviews)

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Book Synopsis The Darwin Economy by : Robert H. Frank

Download or read book The Darwin Economy written by Robert H. Frank. This book was released on 2012-09-16. Available in PDF, EPUB and Kindle. Book excerpt: Argues that ecologist Charles Darwin's understanding of competition describes economic reality far more accurately than economist Adam Smith's theories ever did.

Under the Influence

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Release : 2021-10-19
Genre : Business & Economics
Kind : eBook
Book Rating : 101/5 ( reviews)

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Book Synopsis Under the Influence by : Robert H. Frank

Download or read book Under the Influence written by Robert H. Frank. This book was released on 2021-10-19. Available in PDF, EPUB and Kindle. Book excerpt: "From New York Times bestselling author and economics columnist Robert Frank, a revelatory look at the power and potential of social context. As psychologists have long understood, social environments profoundly shape our behavior, sometimes for the better, but often for the worse. Less widely noted is that social influence is a two-way street: Our environments are in large part themselves a product of the choices we make. Society embraces regulations that limit physical harm to others, as when smoking restrictions are defended as protecting bystanders from secondhand smoke. But we have been slower to endorse parallel steps that discourage harmful social environments, as when regulators fail to note that the far greater harm caused when someone becomes a smoker is to make others more likely to smoke. In Under the Influence, Robert Frank attributes this regulatory asymmetry to the laudable belief that individuals should accept responsibility for their own behavior. Yet that belief, he argues, is fully compatible with public policies that encourage supportive social environments. Most parents hope, for example, that their children won't grow up to become smokers, bullies, tax cheats, sexual predators, or problem drinkers. But each of these hopes is less likely to be realized whenever such behaviors become more common. Such injuries are hard to measure, Frank acknowledges, but that's no reason for policymakers to ignore them. The good news is that a variety of simple policy measures could foster more supportive social environments without ushering in the dreaded nanny state or demanding painful sacrifices from anyone"--

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