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Author Frank, Robert H.

Title The Darwin economy : liberty, competition, and the common good / Robert H. Frank.

Imprint Princeton [N.J.] : Princeton University Press, c2011.

Copies

Location Call No. OPAC Message Status
 Axe 3rd Floor Stacks  330.122 F851d 2011    ---  Available
Description xvi, 240 p. ; 24 cm.
Bibliography Includes bibliographical references and index.
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.
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.
Subject Free enterprise.
Competition.
Economics.
Darwin, Charles, 1809-1882 -- Influence.
ISBN 9780691153193 (hardback : alk. paper)
0691153191 (hardback : alk. paper)
Standard No. 6826088

 
    
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