The Logic of Life

The Rational Economics of an Irrational World

Hardcover, 272 pages

English language

Published Jan. 15, 2008 by Random House.

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4 stars (1 review)

Life sometimes seems illogical. Individuals do strange things: take drugs, have unprotected sex, mug each other. Love seems irrational, and so does divorce. On a larger scale, life seems no fairer or easier to fathom: Why do some neighborhoods thrive and others become ghettos? Why is racism so persistent? Why is your idiot boss paid a fortune for sitting behind a mahogany altar? Thorny questions--and you might be surprised to hear the answers coming from an economist. But Tim Harford, award-winning journalist and author of the bestseller The Undercover Economist, likes to spring surprises. In this deftly reasoned book, Harford argues that life is logical after all. Under the surface of everyday insanity, hidden incentives are at work, and Harford shows these incentives emerging in the most unlikely places. Using tools ranging from animal experiments to supercomputer simulations, an ambitious new breed of economist is trying to unlock the secrets …

3 editions


  • Business & Economics
  • Business / Economics / Finance
  • Business/Economics
  • Business Life - General
  • General
  • Business & Economics / General
  • Economics - Theory
  • Economics
  • Psychological aspects
  • Rational expectations (Economic theory)