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The extensively revised and updated edition of Steven Landsburg’s hugely popular book, <i>The Armchair Economist</i>—“a delightful compendium of quotidian examples illustrating important economic and financial theories” (<i>The Journal of Finance</i>).<br /><br />In this revised and updated edition of Steven Landsburg’s hugely popular book, he applies economic theory to today’s most pressing concerns, answering a diverse range of daring questions, such as:<br /> <br />Why are seat belts deadly?<br /> Why do celebrity endorsements sell products?<br /> Why are failed executives paid so much?<br /> Who should bear the cost of oil spills?<br /> Do government deficits matter?<br /> How is workplace safety bad for workers?<br /> What’s wrong with the local foods movement?<br /> Which rich people can’t be taxed?<br /> Why is rising unemployment sometimes good?<br /> Why do women pay more at the dry cleaner?<br /> Why is life full of disappointments?<br /> <br />Whether these are nagging quest