Thinking Quotes by Robert H. Frank

Robert H. Frank

Economics, as it is often taught today, portrays us as homo economicus-someone who doesn’t vote in presidential elections, doesn’t return lost wallets, and doesn’t leave tips when dining out of town. Julie Nelson reminds us that most people aren’t really like that. She helps point the way to a richer, more descriptive way of thinking about economic life.

People

Presidential

Thinking

Robert H. Frank

Questions like, “Is my suit OK?”, or “Is my job performance satisfactory?”, are impossible to think about in the absence of a suitable frame of reference. For an interview suit to serve its purpose, it must make you look good relative to other candidates for the job you want. For your job performance to be satisfactory, it must compare favorably with the performance of others who want the same promotion you do. As Charles Darwin saw clearly, much of life is graded on the curve, and conventional economic models completely ignore that fact.

Economic Models

Jobs

Thinking

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Ability

Action

Animal

Assets

Bars

Behavior

Believe

Bumps

Careers

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Children

Class

Come Up

Country

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Daughter

Decent

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Economic

Economic Models

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Feet

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Government

Grandchildren

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Hands

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Hurt

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Links

Long

Luxury

Mean

Military

Mistake

Mountain

Needs

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Optimistic

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Past

People

Pie

Powerful

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Real

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Rising

Risk

Roles

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School

Self Esteem

Selfish

Simple

Smart

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Strong

Suffering

Taught Us

Teacher

Thinking

Thoughtful

Thumbs

Too Much

Views

Waste

Way

Would Be

Years

Thinking Quotes by Robert H. Frank

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