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Steven E. Landsburg - More sex is safer sex: the unconventional wisdom of economics

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Steven E. Landsburg More sex is safer sex: the unconventional wisdom of economics
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Steven Landsburgs writings are living proof that economics need not be the dismal science. Readers of The Armchair Economist and his columns in Slate magazine know that he can make economics not only fun but fascinating, as he searches for the reasons behind the odd facts we face in our daily lives. In More Sex Is Safer Sex, he brings his witty and razor-sharp analysis to the many ways that our individually rational decisions can combine into some truly weird collective results -- and he proposes hilarious and serious ways to fix just about everything. When you stand up at the ballpark in order to see better, you make a rational decision. When everyone else does it too, the results, of course, are lousy. But this is just the tip of the iceberg of individual sanity and collective madness. Did you know that some people may actually increase the spread of sexually transmitted diseases when they avoid casual sex Do you know why tall people earn more money than shorter competitors (Hint: it isnt just unfair, unconscious prejudice.) Do you know why it makes no sense for you to give charitable donations to more than one organization Landsburgs solutions to the many ways that modern life is unfair or inefficient are both jaw-dropping and maddeningly defensible. We should encourage people to cut in line at water fountains on hot days. We should let firefighters keep any property they rescue from burning houses. We should encourage more people to act like Scrooge, because misers are just as generous as philanthropists. Best of all are Landsburgs commonsense solutions to the political problems that plague our democracy. We should charge penalties to jurors if they convict a felon who is later exonerated. We should let everyone vote in two congressional districts: their own, and any other one of their choice. While were at it, we should redraw the districts according to the alphabetical lists of all voters, rather than by geography. We should pay FDA commissioners with shares of pharmaceutical company stocks, and pay our president with a diversified portfolio of real estate from across the country. Why do parents of sons stay married more often than parents who have only daughters Why does early motherhood not only correlate with lower income, but actually cause it Why do we execute murderers but not the authors of vicious computer viruses The lesson of this fascinating, fun, and endlessly provocative book is twofold: many apparently very odd behaviors have logical explanations, and many apparently logical behaviors make no sense whatsoever. Read more...
Abstract: Steven Landsburgs writings are living proof that economics need not be the dismal science. Readers of The Armchair Economist and his columns in Slate magazine know that he can make economics not only fun but fascinating, as he searches for the reasons behind the odd facts we face in our daily lives. In More Sex Is Safer Sex, he brings his witty and razor-sharp analysis to the many ways that our individually rational decisions can combine into some truly weird collective results -- and he proposes hilarious and serious ways to fix just about everything. When you stand up at the ballpark in order to see better, you make a rational decision. When everyone else does it too, the results, of course, are lousy. But this is just the tip of the iceberg of individual sanity and collective madness. Did you know that some people may actually increase the spread of sexually transmitted diseases when they avoid casual sex Do you know why tall people earn more money than shorter competitors (Hint: it isnt just unfair, unconscious prejudice.) Do you know why it makes no sense for you to give charitable donations to more than one organization Landsburgs solutions to the many ways that modern life is unfair or inefficient are both jaw-dropping and maddeningly defensible. We should encourage people to cut in line at water fountains on hot days. We should let firefighters keep any property they rescue from burning houses. We should encourage more people to act like Scrooge, because misers are just as generous as philanthropists. Best of all are Landsburgs commonsense solutions to the political problems that plague our democracy. We should charge penalties to jurors if they convict a felon who is later exonerated. We should let everyone vote in two congressional districts: their own, and any other one of their choice. While were at it, we should redraw the districts according to the alphabetical lists of all voters, rather than by geography. We should pay FDA commissioners with shares of pharmaceutical company stocks, and pay our president with a diversified portfolio of real estate from across the country. Why do parents of sons stay married more often than parents who have only daughters Why does early motherhood not only correlate with lower income, but actually cause it Why do we execute murderers but not the authors of vicious computer viruses The lesson of this fascinating, fun, and endlessly provocative book is twofold: many apparently very odd behaviors have logical explanations, and many apparently logical behaviors make no sense whatsoever

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Also by Steven E. Landsburg

Fair Play: What Your Child Can Teach You About Economics, Values, and the Meaning of Life

The Armchair Economist: Economics & Everyday Life

Picture 2

FREE PRESS

A Division of Simon & Schuster, Inc.

1230 Avenue of the Americas
New York, NY 10020

Copyright 2007 by Steven E. Landsburg

All rights reserved, including the right of reproduction in whole or in part in any form.

FREE PRESS and colophon are trademarks of Simon & Schuster, Inc.

Designed by Davina Mock

Library of Congress Cataloging-in-Publication Data
Landsburg, Steven E.

More sex is safer sex : the unconventional wisdom of economics / Steven E. Landsburg.

p. cm.

Includes index.

1. EconomicsSociological aspects. 2. Paradoxes. 3. United StatesEconomic conditions21st century. I. Title.

HB849.44 .L36 2007

330dc22 2006050847

ISBN-13: 978-1-4165-3966-7
ISBN-10: 1-4165-3966-2

This book contains the opinions and ideas of its author. The author and publisher disclaim any responsibility for any liability, loss, or risk which is incurred as a consequence of the use and application of any of the contents of this book.

Visit us on the World Wide Web:

http://www.SimonSays.com

To Homeport
in all its manifestations

and

to Lisa
the best surprise of my life

Contents
Acknowledgments

This is a book about unconventional applications of conventional economics. My first debt is to the many innovative thinkers who devised these applications. Some are named in the chapters and others in the appendix.

I am grateful to the editors of Slate , who for ten years have given me remarkable freedom to write about whatever was on my mind. Some of the arguments in this book first appeared in my Slate column, though mostly in highly abbreviated form. Here Ive taken the opportunity to expand on them considerably.

I am grateful to the thousands of Slate readers who have called me to account on points that needed more explanation, and occasionally on points where I was wrong. Several chapters in this book have been greatly improved by what I learned from my readers.

I am grateful to the members of the daily lunch group who have vetted so many of these ideas and contributed to my general education. Most particularly, I owe thanks to Mark Bils, Gordon Dahl, Uta Schnberg, Alan Stockman, and Michael Wolkoff, all of whose comments and criticisms have improved this book.

I am especially grateful to Mark Bils, from whom Ive stolen so many ideas and insights that he should probably have been called a coauthor.

I am grateful to my brain trust of brilliant noneconomists who have helped me understand what is and isnt obvious, and have helped me find the perfect words to express some difficult ideas. Thanks especially to Diana Carroll, Michael Raymond Feely, Sharon Fenick, Nathan Mehl, Tim Pierce, John Rosevear, Ellen Keyne Seebacher, and Lisa Talpey. Im sure that list is not complete.

I am grateful for the encouragement and assistance of Bruce Nichols at Free Press.

And I am grateful to my parents for being proud of me even though they hate the title. For a lot of other things too, come to think of it.

Preface:
Unconventional Wisdom

Common sense tells you that promiscuity spreads AIDS, population growth threatens prosperity, and misers make bad neighbors. I wrote this book to assault your common sense.

My weapons are evidence and logic, especially the logic of economics. Logic is most enlighteningand surely most funwhen it challenges us to see the world in a whole new way. This book is about that kind of logic.

Daughters cause divorce. A thirst for revenge is healthier than a thirst for gold. A ban on elephant hunting is bad news for elephants, and disaster assistance is bad news for the people who receive it. Malicious computer hackers should be executed. The most charitable people support the fewest charities. Writing books is socially irresponsible; elbowing your way to the front of the water-fountain line is not. The tall, the slim, and the beautiful earn higher wagesbut not for the reasons you think.

Each of those statements is closer to the truth than you might imagine. If your common sense tells you otherwise, remember that common sense also tells you the earth is flat.

What youre about to read is a celebration of all that is counter, original, spare, and strange. I mean every word seriously and every word in fun. These are carefully considered arguments about important issues. But theyre also surprising arguments, and surprises are fun. This book will give you new insights about how the world works. Sometimes it might outrage you. I hope it also makes you smile.

Part I
The Communal Stream

Come out to my suburban neighborhood on any crisp October Saturday, and I will show you a minor tragedy: on every lawn a man with a leaf blower, blowing his leaves onto the next mans lawn. Eventually, they all go inside to recover from a hard and thoroughly unproductive mornings work.

Thats a bad way to spend a Saturday. If we all ditched our leaf blowers and stayed inside to watch football, wed all be happier. Unfortunately, human beings are too rational for that. Blowing leaves always makes sense, whatever your neighbors do. If everyone else blows leaves, youd better blow them also to avoid a double cover. Or, if everyone agrees not to blow leaves, your best strategy is to cheat and have the only clean lawn in the neighborhood.

Economics is largely about the surprising and sometimes tragic consequences of rational behavior. When theres an exciting moment at the ballpark, everybody stands up trying to see better, and therefore nobody succeeds. At parties with a lot of simultaneous conversations, everyone speaks loudly to be heard over everyone else, and everyone goes home with a sore throat. Still, its rational to stand at the ballpark, and to yell at the party. We stand and we yell for the same reason we blow leavesfrom exquisite (and entirely rational) concern for our own interests and none for the harm that spills over onto our neighbors.

Its a general principle of economics that things tend to work out best when people have to live with the consequences of their own behavior , or, to put it another way, things tend to work out poorly when the consequences of our actions spill over onto other people . Simple and obvious as that general principle might sound, it has the power to undermine vast deposits of conventional wisdom. It suggests that the world has too few people, too few misers, and not enough casual sex, but just the right amounts of secondhand smoke and child labor. It implies that a thirst for gold is socially ruinous, but a taste for revenge can be a social godsend. It casts light on why the tall, the thin, and the beautiful earn higher wages. It suggests sweeping reforms of the legal system, the political system, the tax code, and the rule against jumping to the front of the water-fountain line. And it explains why automobile insurance in Philadelphia is so damn expensive.

More mundanely, it tells us theres too much litter on the streets. Thats less obvious than you might suppose. Sure, theres a lot of litter, but a lot isnt always the same as too much. After all, some litter ought to be there because the alternatives are worse. That half-eaten sandwich you just stepped on? Maybe someone dropped it to avoid being stung by a hornet. The newspaper wrapped around your ankles? Maybe the wind took it while someone chased down the tax returns that had just fallen out of his briefcase. And if you have a heart attack while youre walking down the street with a Popsicle, nobody thinks you should make a beeline for the nearest trash receptacle before collapsing to the ground.

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