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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Same as 3mb pdf at https://libgen.is/book/index.php?md5=12E37DF0FAA8292B7F0046C6FA2223B6 but its Foxit Reader watermarks removed and bookmarks added. (The UK edition (different cover) is titled "The Undercov£r Economist" [sic]). "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."

Author(s): HARFORD, Tim
Publisher: Oxford University Press, Inc.
Year: 2006

Language: English
Commentary: A bit too politically correct in some parts to be useful for real world money. See note in Description about pdf origin and changes thereto. Mark, 4:25: "For he that hath, to him shall be given: and he that hath not, from him shall be taken even that which he hath." Bible, KJV
City: New York
Tags: follow the money, development aid, consumer education, domestic markets, popular economics, savvy investing, public relations

The Undercov£r Economist - Front Cover (U.S.)
Half-title
Title Page
Printer's Imprint
Dedication
Acknowledgments
Contents
Half-title (2)
Introduction
1. Who Pays for Your Coffee?
2. What Supermarkets Don’t Want You to Know
3. Perfect Markets and the “World of Truth”
4. Crosstown Traffic
5. The Inside Story
6. Rational Insanity
7. The Men Who Knew the Value of Nothing
8. Why Poor Countries Are Poor
9. Beer, Fries, and Globalization
10. How China Grew Rich
Notes
Introduction
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Index