The Armchair Economist

The Armchair Economist

Infobox Book
name = The Armchair Economist: Economics and Everyday Life


author = Steven Landsburg
country = United States of America
language = English
subject = Economics
publisher = The Free Press
release_date = September 27, 1993 (1st edition)
media_type = Print (Hardback, Paperback)
pages = 241
isbn = ISBN 0393049825

"The Armchair Economist: Economics and Everyday Life" is a 1993 economics book written by noted professor of economics Steven Landsburg. The underlying theme of the book, as Landsburg states on the first page, is that " [m] ost of economics can be summarized in four words: People respond to incentives." With this apparently innocuous observation, Landsburg discusses some unexpected effects of various policies such as automobile safety legislation and environmental policies. The rest of the book includes expositions on a wide range of topics, including budget deficit, unemployment, economic growth, and cost-benefit analysis.

Chapter 4 covers the “Indifference Principle.”

Chapter 9 covers the Coase Theorem of professor Ronald Coase.

The book was translated into Arabic in 2008, and published under the same title: "فيلسوف الاقتصاد" by Kalemat Arabia for Translation and Publishing, an Egyptian publishing house.

ee also

* Freakonomics
* The Undercover Economist
* [http://www.kalematarabia.com/9789776263086.html فيلسوف الاقتصاد]


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