Abstract

Ted Bergstrom of University of California, Santa Barbara reviews “The Darwin Economy: Liberty, Competition, and the Common Good” by Robert H. Frank. The EconLit abstract of the reviewed work begins: Explores the importance of Charles Darwin's theories on the development of economics. Discusses paralysis; Darwin's wedge; no cash on the table; starving the beast -- but which one; putting the positional consumption beast on a diet; perpetrators and victims; efficiency rules; ownership of money; success and luck; the great trade-off; taxing harmful activities; and the libertarian's objections reconsidered. Frank is an economics professor with the Johnson Graduate School of Management at Cornell University. Index.

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