000 04727nam a22006015i 4500
001 206768
003 IT-RoAPU
005 20221214233617.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 210830t20122013nju fo d z eng d
020 _a9780691156682
_qprint
020 _a9781400844982
_qPDF
024 7 _a10.1515/9781400844982
_2doi
035 _a(DE-B1597)9781400844982
035 _a(DE-B1597)453863
035 _a(OCoLC)979881794
040 _aDE-B1597
_beng
_cDE-B1597
_erda
050 4 _aHB95
072 7 _aBUS069030
_2bisacsh
082 0 4 _a330.12/2
_223
084 _aonline - DeGruyter
100 1 _aFrank, Robert H.
_eautore
245 1 4 _aThe Darwin Economy :
_bLiberty, Competition, and the Common Good /
_cRobert H. Frank.
250 _aWith a New afterword by the author
264 1 _aPrinceton, NJ :
_bPrinceton University Press,
_c[2012]
264 4 _c©2013
300 _a1 online resource (272 p.) :
_b1 table.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tCONTENTS --
_tPREFACE --
_tONE. Paralysis --
_tTWO. Darwin's Wedge --
_tTHREE. No Cash on the Table --
_tFOUR. Starve the Beast-But Which One? --
_tFIVE. Putting the Positional Consumption Beast on a Diet --
_tSIX. Perpetrators and Victims --
_tSEVEN. Efficiency Rules --
_tEIGHT. "It's Your Money . . ." --
_tNINE. Success and Luck --
_tTEN. The Great Trade-Off? --
_tELEVEN. Taxing Harmful Activities --
_tTWELVE. The Libertarian's Objections Reconsidered --
_tAFTERWORD TO THE PAPERBACK EDITION --
_tNOTES --
_tINDEX
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aWho was the greater economist--Adam Smith or Charles Darwin? The question seems absurd. Darwin, after all, was a naturalist, not an economist. But Robert Frank, New York Times economics columnist and best-selling author of The Economic Naturalist, predicts that within the next century Darwin will unseat Smith as the intellectual founder of economics. The reason, Frank argues, is that Darwin's understanding of competition describes economic reality far more accurately than Smith's. And the consequences of this fact are profound. Indeed, the failure to recognize that we live in Darwin's world rather than Smith's is putting us all at risk by preventing us from seeing that competition alone will not solve our problems. Smith's theory of the invisible hand, which says that competition channels self-interest for the common good, is probably the most widely cited argument today in favor of unbridled competition--and against regulation, taxation, and even government itself. But what if Smith's idea was almost an exception to the general rule of competition? That's what Frank argues, resting his case on Darwin's insight that individual and group interests often diverge sharply. Far from creating a perfect world, economic competition often leads to "arms races," encouraging behaviors that not only cause enormous harm to the group but also provide no lasting advantages for individuals, since any gains tend to be relative and mutually offsetting. The good news is that we have the ability to tame the Darwin economy. The best solution is not to prohibit harmful behaviors but to tax them. By doing so, we could make the economic pie larger, eliminate government debt, and provide better public services, all without requiring painful sacrifices from anyone. That's a bold claim, Frank concedes, but it follows directly from logic and evidence that most people already accept. In a new afterword, Frank further explores how the themes of inequality and competition are driving today's public debate on how much government we need.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650 0 _aBUSINESS &amp
_xECONOMICS
_vFree Enterprise.
650 0 _aBUSINESS and amp
_xECONOMICS
_vFree Enterprise.
650 0 _aCompetition.
650 0 _aEconomics.
650 0 _aFree enterprise.
650 0 _aPOLITICAL SCIENCE
_vPolitical Economy.
650 0 _aPolitical science
_vPolitical Economy.
650 7 _aBUSINESS & ECONOMICS / Economics / Theory.
_2bisacsh
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.1515/9781400844982
856 4 0 _uhttps://www.degruyter.com/isbn/9781400844982
856 4 2 _3Cover
_uhttps://www.degruyter.com/cover/covers/9781400844982.jpg
942 _cEB
999 _c206768
_d206768