An edition of The Darwin economy
(2011)
The Darwin economy
liberty, competition, and the common good
by Robert H. Frank
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"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.
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Economics, Free enterprise, Competition| Edition | Availability |
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1
The Darwin economy: liberty, competition, and the common good
2011, Princeton University Press
in English
0691153191 9780691153193
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Book Details
Table of Contents
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.
Edition Notes
Includes bibliographical references and index.
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