The Undercover Economist
by Tim Harford
The economy affects more than banks and stock traders. Whether you notice it or not, the power of economics influences almost everything in the world, from your morning coffee to the fate of the world's most prosperous countries. Clues to its global reach are everywhere and with this book's help, you can learn to recognize them.
The power of economics is everywhere you look. It decides what products you buy, where you buy them, and how much you pay for them. It can make nations collapse, or thrive. It can make the difference between a successful business and a complete failure. Now, The Undercover Economist is here to reveal its secrets and show you how to spot its effect in your life. With fascinating stories, helpful illustrations, and examples that may mirror things in your own life, this book is the perfect way to discover the true power the economy has in the world.
You will learn:
- Why it's a bad idea to try to predict the stock market
- Why you may be getting charged way more for your coffee than other people
- How economics transformed a dying country into a global superpower.