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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.

Synopsis:

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.

Table of Contents

Table of contents online: http://www.loc.gov/catdir/toc/ecip0510/2005010297.html.

Product Details

ISBN:
9780199792719
Subtitle:
Exposing Why the Rich Are Rich, the Poor Are Poor, and Why You Can Never Buy a Decent Used Car
Publisher:
Oxford University Press
Author:
Harford, Tim
Subject:
General Business & Economics
Subject:
Economics - General
Subject:
Economic History
Subject:
Economics | Social
Subject:
Consumer education
Subject:
Economics
Subject:
main_subject
Subject:
all_subjects
Publication Date:
2006
Binding:
ELECTRONIC
Language:
English
Pages:
276

Related Subjects

Business » Consumer Guides
Business » General
Business » History and Biographies
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!
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Product details 276 pages Oxford University Press, USA - English 9780199792719 Reviews:
"Synopsis" by , 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.

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