The Darwin economy : liberty, competition, and the common good / Robert H. Frank.
2011
330.122 F828d 2011
Available at 3rd Floor
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Title
The Darwin economy : liberty, competition, and the common good / Robert H. Frank.
Author
ISBN
9780691153193 (hardback : alk. paper)
0691153191 (hardback : alk. paper)
0691153191 (hardback : alk. paper)
Imprint
Princeton [N.J.] : Princeton University Press, c2011.
Language
English
Description
xvi, 240 p. ; 24 cm.
Other Standard Identifiers
6826088
Call Number
330.122 F828d 2011
System Control No.
(OCoLC)721085499
(OCoLC)721085499
(OCoLC)721085499
Summary
"The premise of economist Adam Smith's 'invisible hand'--a tenet of market economics--is that competitive self-interest shunts benefits to the community. But that is the exception rather than the rule, argues writer Robert H. Frank. Charles Darwin's idea of natural selection is a more accurate reflection of how economic competition works . . . because individual and species benefits do not always coincide. Highlighting reasons for market failure and the need to cut waste, Frank argues that we can domesticate our wild economy by taxing higher-end spending and harmful industrial emissions."--Nature.
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
Paralysis
Darwin's wedge
No cash on the table
Starve the beast, but which one?
Putting the positional consumption beast on a diet
Perpetrators and victims
Efficiency rules
It's your money
Success and luck
The great tradeoff
Taxing harmful activities
The libertarian's objections reconsidered.
Darwin's wedge
No cash on the table
Starve the beast, but which one?
Putting the positional consumption beast on a diet
Perpetrators and victims
Efficiency rules
It's your money
Success and luck
The great tradeoff
Taxing harmful activities
The libertarian's objections reconsidered.
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