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The Undercover Economist by Tim Harford
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    • Product code: 152282
    • ISBN: 0316731161, ISBN13: 9780316731164, 288 pages, paperback
      Published by Little, Brown on 2006
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    Description of The Undercover Economist

    Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station? Why is it impossible to get a foot on the property ladder? How do the Mafia make money from laundries when street gangs pushing drugs don't? Who really benefits from immigration? How can China, in just 50 years, go from the world's worst famine to one of the greatest economic revolutions of all time, lifting a million people out of poverty a month? Looking at familiar situations in unfamiliar ways, THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy, illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Leaving behind textbook jargon and equations, Tim Harford will reveal the games of signals and negotiations, contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make.

    Reviews

    '*'Economists do indeed think differently from the rest of us. This book gives an excellent introduction as to quite why they do' TELEGRAPH *'THE UNDERCOVER ECONOMIST is an excellent Undercover Introduction to Economics. If you think that sounds boring, you probably ought to read it' FINANCIAL TIMES *'As lively and witty an introduction to the supposedly ''dismal science'' as you are likely to read' THE TIMES *'Harford writes like a dream ... reading THE UNDERCOVER ECONOMIST is like spending an ordinary day wearing X-ray goggles' David Bodanis, author of ELECTRIC UNIVERSE and E=MC2 *'THE UNDERCOVER ECONOMIST is a rare specimen ... beautifully written and argued, it brings the power of economics to life' Steven D. Levitt, Professor of Economics, University of Chicago and author of FREAKONOMICS';

    About Tim Harford

    Tim Harford currently works for the World Bank in Washington. He writes the 'Dear Economist' column for the FT Saturday magazine. An award-winning public speaker, Tim has been an economist for a major oil company and an economics tutor at Oxford University.

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