The Armchair Economist topic
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The Armchair Economist: Economics and Everyday Life is a 1993 economics book written by noted professor of economics Steven Landsburg. The underlying theme of the book, as Landsburg states on the first page, is that "[m]ost of economics can be summarized in four words: People respond to incentives." With this apparently innocuous observation, Landsburg discusses some unexpected effects of various policies such as automobile safety legislation and environmental policies. The rest of the book...
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Last edited by mw_prop_bot Aug 20, 2008
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