The Economic Naturalist's Field Guide
Common Sense Principles for Troubled Times
by:
Robert H. Frank
in:
Economics
Summary:
The book presents a collection of essays that explore economic principles through real-world examples, illustrating how understanding economics can help make sense of complex societal issues. It delves into topics such as the importance of context in economic decisions, the role of luck in success, and the impact of individual choices on the broader economy.
Key points:
1. Economic Naturalist Approach: Robert H. Frank suggests using basic economics to explain everyday life by focusing on incentives and trade-offs.
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