Whether one is looking for evidence and insights on the rationality or the irrationality of man, Choice and Consequence
is one of the very best places to look… Mr. Schelling
’s book is a superb place to get a sense of both the need for and the dangers of the assumption of rationality. (New York Times
Without exception, the essays are witty, erudite and stimulating. (Wall Street Journal
What makes Schelling
such a pleasure to read, apart from his lean, clear, wry conversational style, is the shrewdness and human insight with which he breaks down complex problems and phenomena into their parts, permitting systematic understanding to develop. (The New Republic
From the Back Cover
Thomas Schelling is a political economist 'conspicuous for wandering' --an errant economist. In Choice and Consequence, he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics as some as nuclear terrorism, as sordid as blackmail, as ineffable as daydreaming, as intimidating as euthanasia. He examines ethical issues wrapped up in economics, unwrapping the economics to disclose ethical issues that are misplaced or misidentified.