At long last, the moment has arrived. The Logic of Life should be available in bookshops across the US and Canada with a few days, and shipping from online retailers. The book tour starts next week - wish me luck! You can also order it here, read early reviews here, and find out more here.
An article written by Tim Harford on the 10th of January, 2008.
Dear Economist...
I often share a taxi home with friends, and wonder how best to split the bill. When dropping a friend off first, I have received contributions varying from nothing to the full fare. If I get out first, what should I pay? As a woman with a large collection of frivolous shoes, walking home is a last resort.
Frances, BrusselsUndercover Economist
Last week I mused about whether people in general were saving enough for retirement. (The answer: as far as we can tell, most people are.) This week I have decided to take on a far more important question: am I saving enough for retirement?
Apparently this activity is called “retirement planning”, which strikes me as a silly phrase given the imponderables involved.
Saving for retirement is usually posed as a problem of willpower: foolish, impatient people save too little and doom themselves to an old age devoid of Caribbean cruises. The real problem is not lack of willpower but lack of omniscience...
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