Our Book – Bringing Sexy Back to Economics

DumbAgent.com is..

Bringing Sexy Back to Economics

…one reader at a time

Learn:

  • How the Dumb Agent Theory changed the 2008 U.S. Election
  • Why multiple cultures make us all more free
  • How to provide water to the world
  • About Marie Jean Antoine Nicolas de Caritat, Marquis de Condorcet
  • Why you should NOT buy local
  • Why chickens and cows are plentiful, while polar bears are not
  • What we can learn from porn
  • Why nothing is more natural than GMOs
  • And most importantly: why the Dumb Agent Theory is sexy

Our Book, Full

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Also available in Kindle.

Chapter List:

    INTRODUCTION
    THE DUMB AGENT THEORY
    CHAPTER 1: THE DUMB AGENT THEORY – A PRIMER
    CHAPTER 2: WHY WE LIKE IT
    THE DUMB AGENT THEORY IN REAL LIFE
    CHAPTER 3: DUMB AGENT THEORY AT WORK IN THE 2004 UNITED STATES PRESIDENTIAL ELECTION
    CHAPTER 4: U.S. ELECTION 2008: HOW DID PREDICTION MARKETS DO?
    CHAPTER 5: THE INFLUENZA PREDICTION MARKET
    CHAPTER 6: THE JURY THEOREM
    CHAPTER 7: WE ARE WHAT WE READ
    CHAPTER 8: DUMB CULTURE THEORY
    APPLYING ECONOMIC PRINCIPLES TO REAL LIFE
    CHAPTER 9: WHEN SHOULD YOU PUMP GAS (AND HOW MUCH)?
    CHAPTER 10: EBAY VS. HAND-ME-DOWNS
    CHAPTER 11: THE COST OF INFORMATION
    CHAPTER 12: SAVING DOLPHINS AND POLAR BEARS
    CHAPTER 13: HOW TO SPOT A BUBBLE
    CHAPTER 14: THE TWITTER BUBBLE
    CHAPTER 15: THE NEXT BUBBLE
    CHAPTER 16: WHAT A GOOD CRISIS IT’S BEEN
    CHAPTER 17: USING LAISSEZ-FAIRE IN LANGUAGES?
    WHEN CONVENTIONAL WISDOM SEEMS WRONG
    CHAPTER 18: DUMB GMOS – OR NOT
    CHAPTER 19: THE ANTI-BUBBLE
    CHAPTER 20: TOP 5 REASONS NOT TO GO LOCAL
    CHAPTER 21: MORE REASONS NOT TO BUY LOCAL
    CHAPTER 22: WHAT PORN CAN TEACH US
    CHAPTER 23: YES VIRGINIA, MARKETS ARE EFFICIENT
    CHAPTER 24: READ THIS BEFORE BUYING A HOME
    CHAPTER 25: HOW MOVIE STUDIOS SHOOT THEMSELVES IN THE FOOT
    CHAPTER 26: HOW TO RID THE WORLD OF TERRORISM
    REVISIONIST HISTORY
    CHAPTER 27: DUMB HISTORY: THE BOSTON TEA PARTY
    CHAPTER 28: DUMB HISTORY: RICARDO WAS WRONG
    CHAPTER 29: MYOPIC HINDSIGHT
    PROPOSED EXPERIMENTS
    CHAPTER 30: BEING CLOSE TO GUNS
    CHAPTER 31: MADE IN JAPAN, NOT FOR JAPAN
    CHAPTER 32: HOW TO SOLVE THE ILLEGAL IMMIGRATION PROBLEM
    CHAPTER 33: HOW TO GIVE WATER TO THE WORLD
    CHAPTER 34: A LESSON FOR EUROPEANS WHO WANT TO FORM A UNION
    CONCLUSION
    BOOKS REFERENCED
    ABOUT THE AUTHOR
    ABOUT DUMBAGENT

About:
The “Great Recession”, the “Downturn”, the “Housing Crisis” have made us all economists, or at least all interested in economics. Until we read about real versus nominal interest rates, or collateralized debt obligations, or some other term that was obviously written by economists for economists.

The fact is: their terms and expressions aren’t as outlandish as they would have you think (or they’d like to think themselves). Economics, which economists describe as “The study of how Supply and Demand allocate scarce resources”, is actually the study of many common sense items around us.

  • For example, If Reebok shoe prices rise, buying them gets more expensive; the more expensive buying them is, the less likely you are to wear them; the less likely you are to wear them, the more likely you are to buy and wear Nikes. There, you now know how Substitute goods work).
  • So… what if Economics, rather than a dull discipline with charts and graphs, were more, dare we say… Sexy?

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