The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car!
Country
United Kingdom
Language
English
Genre
Non-fiction, economics
Publisher
Little, Brown
Publication date
3 November 2005
Media type
Print (hardback)
Pages
288 pp (hardback)
ISBN
0-19-518977-9 (hardback)
OCLC
59098699
Dewey Decimal
330.9/0511 22
LC Class
HC59.15 .H35 2006
The Undercover Economist (ISBN 0-19-518977-9) (ISBN 0345494016) is a book by Tim Harford published in 2005 by Little, Brown.[1]
The book provides an introduction to principles of economics, including demand-supply interactions, market failures, externalities, globalisation, international trade and comparative advantage. It explains in non-technical terms how Starbucks and other coffee providers price their products, why it is hard to buy a decent used car, why the health insurance system in the United States is failing, and why poor countries remain poor while the People's Republic of China has continuously grown rich in the last couple of decades.
Freakonomics author Steven Levitt called it "a rare specimen: a book on economics that will enthrall...Beautifully written and argued, it brings the power of economics to life."[2]
^Lowenstein, Roger (2005-12-18). "Exposing the Economics Behind Everyday Behavior". The New York Times. ISSN 0362-4331. Retrieved 2023-09-29.
^Ashwin, Andrew (Autumn 2006). "The Undercover Economist". Teaching Business & Economics. 10 (3): 29. ProQuest 231154049.
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