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 does the Mafia make money from laundries when street gangs pushing drugs don’t? Who really benefits from immigration? How can China, in just fifty 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.
Amazon.co.uk Price: £5.83 (as of 09/04/2023 11:03 PST- Details)
Who makes most cash from the demand for cappuccinos early within the morning at Waterloo Station? Why is it unimaginable to get a foot on the property ladder? How does the Mafia earn cash from laundries when avenue gangs pushing medicine do not? Who actually advantages from immigration? How can China, in simply fifty years, go from the world’s worst famine to one of many best financial revolutions of all time, lifting one million individuals out of poverty a month?Taking a look at acquainted conditions in unfamiliar methods, THE UNDERCOVER ECONOMIST is a contemporary clarification of the elemental rules of the trendy financial system, illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Forsaking textbook jargon and equations, Tim Harford will reveal the video games of alerts and negotiations, contests of energy and battles of wit that drive not solely the financial system at giant however the on a regular basis selections we make.
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