Armchair Economist: Economics & Everyday Life (Revised edition)


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Most people associate economics with larg-scale wonders like the stock-market, big business, and international trade. Most people also assume that economists are dismally technical. Stephen Landsburg attempts to prove them wrong. He shows how the laws of economics can reveal themselves in surprising and humorous ways. He demonstrates that, no matter what the endeavour, people respond to incentives in understandable, if not always predictable ways. By illustrating how economists think about daily experience, he lays the ...

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Oct 23, 2008

Economics in simple words

The book has the most facinating economics principles told in a simple way, very introspective.

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