Skip navigation
The World's Largest Library of Business Book Summaries
The fastest way to expand your business knowledge

The Darwin Economy

Liberty, Competition, and the Common Good

Princeton UP,

Buy the book

Category: Economics & Politics

The Darwin Economy
Bookstack

In this summary, you will learn

  • How Charles Darwin’s findings apply to economics
  • Why rules advance freedom
  • How good tax policy can create a more efficient, equitable society

getAbstract Rating

getAbstract Rating (?)

(9)

Importance

(9)

Innovation

(9)

Style

(8)

Why you should read The Darwin Economy

Philosopher Adam Smith himself was skeptical about the real-world results of his “invisible hand,” but you’d never know it by the way modern-day free market fundamentalists try to push every regulation out of the way. As Cornell economist Robert H. Frank notes in his assault on the ideological force field that has blocked much US government action, naturalist Charles Darwin identified the problem: Evolutionary incentives benefit individuals, not groups. Frank uses that insight to argue that government must abridge some personal gains for the greater good. Frank is an economics professor, and his book sometimes falls into a challenging didacticism. But he writes with admirable clarity and verve, and – while his prediction that the world will one day recognize Darwin as the father of economics is perhaps a reach – he has done nothing less than provide a fresh intellectual foundation for progressivism. While always politically neutral, getAbstract recommends Frank’s treatise to lawmakers, economists, historians and civic-minded professionals who are concerned with the large questions society must tackle.

About the Author

Robert H. Frank is a professor of economics at Cornell University and a frequent New York Times columnist. His books include The Economic Naturalist.


Do you like this summary?

11

Comment on this summary

Sign in to share your opinion

  1. April 17, 2013 Scott Rainsberger
    He is a frigging IDIOT.... Correct that.... He is INTELLECTUAL IDIOT with Tenure!!!
  2. January 5, 2013 Juan F Montoya
    It's the extreme case of not spending and just saving realy good for the group benefit?
    or the consumption tax finally will harm the society?

Customers who read this summary also read

By the same author