3 of 4 people found the following review helpful
Real life economics questions withoutthe maths,
This review is from: The Economic Naturalist: Why Economics Explains Almost Everything (Paperback)Robert Frank teaches economics, but asks his students to look beyond the complex mathematics of modern economic theories for the underlying story. He asks (some) thought-provoking questions, and demands answers in simple narrative form that can be easily understood.
This book is a collection of such essays, re-written to form a loosely connected story. As such, the book has a magazine style - a collection of short stories. Some of these appear trite, some create only a momentary "ah", but some lead to further reflection.
This forms a useful introduction to some economic thinking, and is timely in given the current economic situation. This raises questions and challenges to societies that allow pure economic forces to drive decision-making. Differential pricing strategies, the tragedy of the commons and aspects of behavioural economics are well described through illustrative stories.