Includes bibliographical references (pages 245-248) and index.
Introduction : why economics trumps common sense -- I. Sex, drugs & rock 'n' roll : economics really does apply to everything -- 1. Sex : can you have too much of a good thing? -- 2. Illegal drugs : it's the economy, man -- 3. Risky business : why most teenagers don't act like economists -- 4. Sports : better than sex -- 5. Music : the new economy's robber barons -- 6. Food fights : helping lame ducks waddle -- II. What governments are good for : public goods, externalities, and taxes -- 7. Infrastructure : but I never travel by train -- 8. Scoreboard for energy taxes : industry 5, environment 1 -- 9. Auctions : call my bluff -- 10. Tax incidence : only people pay tax -- 11. War games : a government's gotta do what a government's gotta do -- III. New technology : how business is coping with change -- 12. Movies : why subtitles need subsidies -- 13. Networks : "the program has unexpectedly quit" -- 14. The Internet : the economics of dot-bombs -- 15. Industrial change : creative destruction -- IV. There's a world out there : globalization isn't all globaloney -- 16. Disease : no man is an island -- 17. Multinationals : sweatshop earth? -- 18. Immigration : the missing link -- 19. Demography : the South has the last laugh -- 20. Development : the triumph of fashion -- V. Life, the universe & everything : macroeconomics -- 21. Japan : kogaru versus one-kei, or why Tokyo's teenage fashions matter -- 22. Inflation : targeting the sleeping beast -- 23. Defense spending : farewell to the peace dividend -- 24. Weather : why economists care about the sex life of pigs -- 25. Work : why do it? -- Epilogue : in praise of economics -- Ten rules of economic thinking -- Glossary.