The Darwin Economy: Liberty, Competition, and the Common Good

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The Darwin Economy: Liberty Competition and the Common Good

The Darwin Economy: Liberty Competition and the Common Good

The Darwin Economy: Liberty Competition and the Common Good

By: Robert H. Frank

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Publication Date:

Mar, 06 2011

Binding:

Hard Back

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Who 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.