Monday, January 28, 2008

'Just having more money doesn’t much contribute to happiness'

‘Economics cannot promise wealth, but can avoid disasters’

Like the majority, you may find economics hard to understand. Yet, virtually nothing in our lives is untouched by it. Not even culture.

As a teacher of the very subject, Mr Tyler Cowen, who by the way has primary research interest in the economics of culture, is not what you would call a geek. In fact, he loves restaurants so much that he can’t stop talking ab out it and finds blogs so fascinating that he started The Marginal Revolution.

It was not surprising, therefore, when the Holbert C. Harris Professor of Economics at George Mason University, US, and Director of the Mercatus Center came out with his book curiously titled Discover Your Inner Economist.

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