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The Undercover Economist

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The Undercover Economist
Front cover
AuthorTim Harford
Original titleThe Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car!
LanguageEnglish
GenreNon-fiction, economics
PublisherLittle, Brown
Publication date
3 November 2005
Publication placeUnited Kingdom
Media typePrint (hardback)
Pages288 pp (hardback)
ISBN0-19-518977-9 (hardback)
OCLC59098699
330.9/0511 22
LC ClassHC59.15 .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]

See also

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References

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  1. ^ Lowenstein, Roger (2005-12-18). "Exposing the Economics Behind Everyday Behavior". The New York Times. ISSN 0362-4331. Retrieved 2023-09-29.
  2. ^ Ashwin, Andrew (Autumn 2006). "The Undercover Economist". Teaching Business & Economics. 10 (3): 29. ProQuest 231154049.
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