A fun and illuminating book full of surprising facts and amazing insights about how the laws of economics affect our everyday lives--perfect for fans of Freakonomics
Did you know that another 10 centimeters of height boosts your income by thousands of dollars per year? Or that natural disasters attract more foreign aid if they happen on a slow news day? Drawing on examples and data, Andrew Leigh shows how economics can be used to illuminate what happens on the sporting field, in the stockmarket, and at work. Economics has things to say about AC/DC and Arthur Boyd, dating and dieting, murder and poverty. Incentives matter, often in surprising ways, and seemingly simple everyday activities can have unexpected outcomes. If you like fresh facts and provocative ideas, this is great train and weekend reading. You'll soon see the world and the people around you in a new light.