Logic of Life by Tim Harford
The Logic of Life is a book that challenges the standard assumption of rationality in economics. Harford examines a diverse collection of stories, most of which are outside the standard topics covered in economics, by assuming that people are making choices rationally.
He argues that rational behavior is more widespread than expected in the larger population and uses economic principles to draw forth the rational elements of supposedly illogical behaviors to illustrate his point.
What I Liked
The book is very similar to Freakonomics…but better. I’m a fan of Tim Harford’s storytelling style.
What I Did Not Like
Not a whole lot – solid nonfiction book.
