eBook - ePub
The Five Life Decisions
How Economic Principles and 18 Million Millennials Can Guide Your Thinking
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
The Five Life Decisions
How Economic Principles and 18 Million Millennials Can Guide Your Thinking
About this book
Choices matter. And in your teens and twenties, some of the biggest life decisions come about when you feel the least prepared to tackle them.
Economist Robert T. Michael won't tell you what to choose. Instead, he'll show you how to make smarter choices. Michael focuses on five critical decisions we all face about college, career, partners, health, and parenting. He uses these to demonstrate how the science of scarcity and choiceâconcepts used to guide major business decisions and shape national legislationâcan offer a solid foundation for our own lives. Employing comparative advantage can have a big payoff when picking a job. Knowing how to work the marketplace can minimize uncertainty when choosing a partner. And understanding externalitiesâthe ripple of results from our actionsâcan clarify the if and when of having children.
Michael also brings in data from the National Longitudinal Survey of Youth, a scientific sample of 18 million millennials in the United States that tracks more than a decade of young adult choices and consequences. As the survey's longtime principal investigator and project director, Michael shows that the aggregate decisions can help us understand what might lie ahead along many possible pathsâoffering readers insights about how their own choices may turn out.
There's no singular formula for always making the right choice. But the adaptable framework and rich data at the heart of The Five Life Decisions will help you feel confident in whatever you decide.
Economist Robert T. Michael won't tell you what to choose. Instead, he'll show you how to make smarter choices. Michael focuses on five critical decisions we all face about college, career, partners, health, and parenting. He uses these to demonstrate how the science of scarcity and choiceâconcepts used to guide major business decisions and shape national legislationâcan offer a solid foundation for our own lives. Employing comparative advantage can have a big payoff when picking a job. Knowing how to work the marketplace can minimize uncertainty when choosing a partner. And understanding externalitiesâthe ripple of results from our actionsâcan clarify the if and when of having children.
Michael also brings in data from the National Longitudinal Survey of Youth, a scientific sample of 18 million millennials in the United States that tracks more than a decade of young adult choices and consequences. As the survey's longtime principal investigator and project director, Michael shows that the aggregate decisions can help us understand what might lie ahead along many possible pathsâoffering readers insights about how their own choices may turn out.
There's no singular formula for always making the right choice. But the adaptable framework and rich data at the heart of The Five Life Decisions will help you feel confident in whatever you decide.
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Yes, you can access The Five Life Decisions by Robert T. Michael in PDF and/or ePUB format, as well as other popular books in Crescita personale & Teoria economica. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Title Page
- Copyright Page
- Dedication
- Contents
- ACKNOWLEDGMENTS
- ONE Making Choices
- TWO More Schooling?
- THREE Deciding on an Occupation
- FOUR Decisions about a Partner
- FIVE Parenting
- SIX Health Habits
- SEVEN Wrapping Up
- APPENDIX: TEENAGE AMERICA AT THE BEGINNING OF THE NEW MILLENNIUM
- GLOSSARY OF TERMS 181
- SOURCES OF INFORMATION
- NOTES
- INDEX