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"Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their moms? How much do parents really matter? How did the legalization of abortion affect the rate of violent crime? These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much-heralded scholar who studies the riddles of everyday life--from...
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"One of Bloomberg View's "Five Books to Change Conservatives' Minds," chosen by Cass Sunstein" "One of Choice's Outstanding Academic Titles for 2016" "Honorable Mention for the 2017 PROSE Award in Economics, Association of American Publishers" "Longlisted for the Financial Times and McKinsey Business Book of the Year 2016" Robert H. Frank is the H. J. Louis Professor of Management and Professor of Economics at Cornell University's Johnson School of...
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"George A. Akerlof, Co-Winner of the 2001 Nobel Prize in Economics" "Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics" "One of The Times Literary Supplement's Books of the Year 2016, chosen by Paul Collier" "Selected for Bloomberg View's "The Writing that Shaped Economic Thinking in 2016"" "Winner of the 2016 Gold Medal in Economics, Axiom Business Book Awards" "One of Foreign Affairs' Best Economic, Social, and Environmental (Economics)...
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Since the original publication of Nudge more than a decade ago, the word "nudge" has entered the vocabulary of businesspeople, policymakers, engaged citizens, and consumers everywhere. The book has given rise to more than 200 "nudge units" in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful "choice architectur"- a concept the authors invented - to help us...
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The author describes himself as a regular guy who was stressed out and constantly comparing himself to others, until one day he decided to change his life by getting rid of everything he didn't absolutely need. The effects were remarkable: he gained a sense of freedom, a new focus, and a sense of gratitude for everything around him. In this book he shares his minimalist experience, and offers tips on how to transform your space and enrich your life...
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"Nudge is about choices--how we make them and how we can make better ones. Drawing on decades of research in the fields of behavioral science and economics, authors Richard H. Thaler and Cass R. Sunstein offer a new perspective on preventing the countless mistakes we make--ill-advised personal investments, consumption of unhealthy foods, neglect of our natural resources--and show us how sensible "choice architecture" can successfully nudge people...
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"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known...
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In celebration of the 10th anniversary of the landmark book Freakonomics comes this curated collection from the most readable economics blog in the universe. When Freakonomics was first published, the authors started a blog--and they've kept it up. The writing is more casual, more personal, even more outlandish than in their books. Now they've gone through and picked the best of the best. Here, they ask a host of typically off-center questions: Why...
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