Summer Reading Sale
 
 

Special Offers see all

Enter to WIN!

Weekly drawing for $100 credit. Subscribe to PowellsBooks.news for a chance to win.
Privacy Policy

More at Powell's


Recently Viewed clear list


The Powell's Playlist | June 18, 2014

Daniel H. Wilson: IMG The Powell’s Playlist: Daniel H. Wilson



Like many writers, I'm constantly haunting coffee shops with a laptop out and my headphones on. I listen to a lot of music while I write, and songs... Continue »

spacer
Qualifying orders ship free.
$8.50
Used Hardcover
Ships in 1 to 3 days
Add to Wishlist
Qty Store Section
1 Burnside Economics- General

More copies of this ISBN

The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--And Why You Can Never Buy a Decent Used Car!

by

The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--And Why You Can Never Buy a Decent Used Car! Cover

 

Synopses & Reviews

Publisher Comments:

An economist's version of The Way Things Work, this engaging volume is part field guide to economics and part expose of the economic principles lurking behind daily events, explaining everything from traffic jams to high coffee prices.

The Undercover Economist is for anyone who's wondered why the gap between rich and poor nations is so great, or why they can't seem to find a decent second-hand car, or how to outwit Starbucks. This book offers the hidden story behind these and other questions, as economist Tim Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, and coffee chains--to name just a few--are vacuuming money from our wallets. Harford punctures the myths surrounding some of today's biggest controversies, including the high cost of health-care; he reveals why certain environmental laws can put a smile on a landlord's face; and he explains why some industries can have high profits for innocent reasons, while in other industries something sinister is going on. Covering an array of economic concepts including scarce resources, market power, efficiency, price gouging, market failure, inside information, and game theory, Harford sheds light on how these forces shape our day-to-day lives, often without our knowing it.

Showing us the world through the eyes of an economist, Tim Harford reveals that everyday events are intricate games of negotiations, contests of strength, and battles of wits. Written with a light touch and sly wit, The Undercover Economist turns "the dismal science" into a true delight.

Review:

"Nattily packaged-the cover sports a Roy Lichtensteinesque image of an economist in Dick Tracy garb-and cleverly written, this book applies basic economic theory to such modern phenomena as Starbucks' pricing system and Microsoft's stock values. While the concepts explored are those encountered in Microeconomics 101, Harford gracefully explains abstruse ideas like pricing along the demand curve and game theory using real world examples without relying on graphs or jargon. The book addresses free market economic theory, but Harford is not a complete apologist for capitalism; he shows how companies from Amazon.com to Whole Foods to Starbucks have gouged consumers through guerrilla pricing techniques and explains the high rents in London (it has more to do with agriculture than one might think). Harford comes down soft on Chinese sweatshops, acknowledging 'conditions in factories are terrible,' but 'sweatshops are better than the horrors that came before them, and a step on the road to something better.' Perhaps, but Harford doesn't question whether communism or a capitalist-style industrial revolution are the only two choices available in modern economies. That aside, the book is unequaled in its accessibility and ability to show how free market economic forces affect readers' day-to-day." Publishers Weekly (Copyright Reed Business Information, Inc.)

About the Author

Tim Harford writes the "Dear Economist" column in the Financial Times Magazine, in which he draws upon the latest economic theories to provide tongue-in-cheek answers to readers' personal dilemmas. Formerly an economics editorial writer at the Financial Times, Harford has worked at the International Finance Corporation, for a major oil company, and as an economics tutor at Oxford University. He lives in Washington DC.

Product Details

ISBN:
9780195189773
Subtitle:
Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car!
Author:
Harford, Tim
Author:
null, Tim
Publisher:
Oxford University Press
Subject:
Consumer education
Subject:
Economic History
Subject:
Economics - General
Subject:
General Business & Economics
Subject:
Economics | Social
Subject:
Economics
Subject:
Consumer behavior
Copyright:
Publication Date:
20051101
Binding:
Hardback
Grade Level:
General/trade
Language:
English
Illustrations:
7 line illus.
Pages:
288
Dimensions:
9.48x6.38x.94 in. 1.19 lbs.

Other books you might like

  1. The Armchair Economist: Economics... Used Trade Paper $7.50
  2. Naked Economics Used Hardcover $8.95
  3. The Great Unraveling: Losing Our Way...
    Used Hardcover $2.48
  4. Economics Explained: Everything You...
    Used Trade Paper $4.50
  5. Sex, Drugs and Economics (Cloth): An... Used Hardcover $16.95
  6. War on the Middle Class: How the... Used Trade Paper $1.00

Related Subjects

Business » General
Business » Management
History and Social Science » Economics » General

The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--And Why You Can Never Buy a Decent Used Car! Used Hardcover
0 stars - 0 reviews
$8.50 In Stock
Product details 288 pages Oxford University Press - English 9780195189773 Reviews:
"Publishers Weekly Review" by , "Nattily packaged-the cover sports a Roy Lichtensteinesque image of an economist in Dick Tracy garb-and cleverly written, this book applies basic economic theory to such modern phenomena as Starbucks' pricing system and Microsoft's stock values. While the concepts explored are those encountered in Microeconomics 101, Harford gracefully explains abstruse ideas like pricing along the demand curve and game theory using real world examples without relying on graphs or jargon. The book addresses free market economic theory, but Harford is not a complete apologist for capitalism; he shows how companies from Amazon.com to Whole Foods to Starbucks have gouged consumers through guerrilla pricing techniques and explains the high rents in London (it has more to do with agriculture than one might think). Harford comes down soft on Chinese sweatshops, acknowledging 'conditions in factories are terrible,' but 'sweatshops are better than the horrors that came before them, and a step on the road to something better.' Perhaps, but Harford doesn't question whether communism or a capitalist-style industrial revolution are the only two choices available in modern economies. That aside, the book is unequaled in its accessibility and ability to show how free market economic forces affect readers' day-to-day." Publishers Weekly (Copyright Reed Business Information, Inc.)
spacer
spacer
  • back to top
Follow us on...




Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.