The Undercover Economist


Author: Tim Harford
Publisher: Oxford University Press, USA
ISBN: 0199926514
Category: Business & Economics
Page: 293
View: 4929

Continue Reading →

Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, health care providers, and coffee chains--to name just a few--are vacuuming money from our wallets.

The Logic of Life

The Rational Economics of an Irrational World
Author: Tim Harford
Publisher: Random House Incorporated
ISBN: 0812977874
Category: Business & Economics
Page: 255
View: 836

Continue Reading →

The author of The Underground Economist weaves together real-life scenarios, from a Las Vegas casino to a barroom speed date, to analyze the underlying economic logic behind seemingly irrational behavior, explaining how people respond to future costs and benefits and how socially tragic outcomes have their roots in individually rational decisions. Reprint. 40,000 first printing.

The Undercover Economist


Author: Tim Harford
Publisher: N.A
ISBN: 9780349119854
Category: Consumer education
Page: 278
View: 5701

Continue Reading →

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.

Messy

The Power of Disorder to Transform Our Lives
Author: Tim Harford
Publisher: Penguin
ISBN: 1594634793
Category: Business & Economics
Page: 294
View: 4719

Continue Reading →

Messiness adds benefits to our lives, so why do we resist the concept so? Harford uses research from neuroscience, psychology and social science to explain why disorder, confusion, and disarray are actually lies at the core of how we innovate, how we achieve, how we reach each other. He shows that the human inclination for tidiness can mask a deep and debilitating fragility that keep us from innovation.

Adapt

Why Success Always Starts with Failure
Author: Tim Harford
Publisher: Farrar, Straus and Giroux
ISBN: 9781429920681
Category: Business & Economics
Page: 320
View: 4723

Continue Reading →

In this groundbreaking book, Tim Harford, the Undercover Economist, shows us a new and inspiring approach to solving the most pressing problems in our lives. When faced with complex situations, we have all become accustomed to looking to our leaders to set out a plan of action and blaze a path to success. Harford argues that today's challenges simply cannot be tackled with ready-made solutions and expert opinion; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with the compelling story of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial and error in tackling issues such as climate change, poverty, and financial crises—as well as in fostering innovation and creativity in our business and personal lives. Taking us from corporate boardrooms to the deserts of Iraq, Adapt clearly explains the necessary ingredients for turning failure into success. It is a breakthrough handbook for surviving—and prospering— in our complex and ever-shifting world.

The Undercover Economist Strikes Back: The Economy - A User's Manual


Author: Tim Harford
Publisher: Hachette UK
ISBN: 1408705427
Category: Business & Economics
Page: 32
View: 6035

Continue Reading →

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the first chapter from the book, Harford provides a user's manual to show the nuts and bolts of what makes an economy tick. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

The Armchair Economist

Economics & Everyday Life
Author: Steven E. Landsburg
Publisher: Simon and Schuster
ISBN: 1471112233
Category: Business & Economics
Page: 256
View: 8788

Continue Reading →

Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The 'obvious' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the 'obvious' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they'd have raised prices before the frost. Why don't concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why are some goods sold at auction and others at pre-announced prices? Why do boxes at the football sell out before the standard seats do? Why are bank buildings fancier than supermarkets? Why do corporations confer huge pensions on failed executives? Why don't firms require workers to buy their jobs? Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way. This is a book of surprises: a guided tour of the familiar, filtered through a decidedly unfamiliar lens. This is economics for the sheer intellectual joy of it.

The Undercover Economist Strikes Back: The Babysitting Recession


Author: Tim Harford
Publisher: Hachette UK
ISBN: 1408705443
Category: Business & Economics
Page: 32
View: 4491

Continue Reading →

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the second chapter from the book, Harford shows what we can learn from one particular recession that began in the early 1970s and was entirely created on Capitol Hill, the heart of American government. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

50 Inventions that Shaped the Modern Economy


Author: Tim Harford
Publisher: Penguin
ISBN: 0735216134
Category: Business & Economics
Page: 321
View: 4270

Continue Reading →

Fifty Inventions That Shaped the Modern Economy paints an epic picture of change in an intimate way by telling the stories of the tools, people, and ideas that had far-reaching consequences for all of us. From the plough to artificial intelligence, from Gillette s disposable razor to IKEA s Billy bookcase, bestselling author and Financial Times columnist Tim Harford recounts each invention s own curious, surprising, and memorable story.

The Undercover Economist Strikes Back: Boss-o-nomics


Author: Tim Harford
Publisher: Hachette UK
ISBN: 1408705435
Category: Business & Economics
Page: 32
View: 9887

Continue Reading →

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the ninth chapter from the book, Harford looks at the importance of management in how economies function. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

The Undercover Economist Strikes Back: The Prison-Camp Recession


Author: Tim Harford
Publisher: Hachette UK
ISBN: 1408705419
Category: Business & Economics
Page: 32
View: 5602

Continue Reading →

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the sixth chapter from the book, Harford shows what a recession in a prison camp can tell us about how classical economists think. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

Free Lunch

Easily Digestible Economics
Author: David Smith
Publisher: Profile Books
ISBN: 1847651399
Category: Business & Economics
Page: 304
View: 4938

Continue Reading →

The economy has never been so relevant to so many people as it is now, and it's vital that we understand how it affects our lives. 'There's no such thing as a free lunch' is the one phrase everyone has heard from economics - not even for bankers. But why not? What does economics tell us about the price of lunch - and everything else? Free Lunch makes the economics pages of the newspaper intelligible and addresses the concerns that worry us all. It will enable you to understand - and challenge - the claims made by politicians Set out like a good lunch-time conversation, the book will guide you through the mysteries of the economy. Your guides will be some of the greatest names in the field, including Smith, Marx and Keynes. This clever and witty introduction to economics costs less than even the cheapest meal. It is essential reading in these times of economic uncertainty, and is far more satisfying than even the most gourmet banquet.

The Evolution Underground: Burrows, Bunkers, and the Marvelous Subterranean World Beneath our Feet


Author: Anthony J. Martin
Publisher: Pegasus Books
ISBN: 1681773759
Category: Science
Page: 400
View: 8380

Continue Reading →

What is the best way to survive when the going gets tough? Hiding underground. From penguins to dinosaurs, trilobites, and humans, Anthony Martin reveals the subterranean secret of survival. Humans have “gone underground” for survival for thousands of years, from underground cities in Turkey to Cold War–era bunkers. But our burrowing roots go back to the very beginnings of animal life on earth. Without burrowing, the planet would be very different today. Many animal lineages alive now—including our own—only survived a cataclysmic meteorite strike 65 million years ago because they went underground. On a grander scale, the chemistry of the planet itself had already been transformed many millions of years earlier by the first animal burrows, which altered whole ecosystems. Every day we walk on an earth filled with an under-ground wilderness teeming with life. Most of this life stays hidden, yet these animals and their subterranean homes are ubiquitous, ranging from the deep sea to mountains, from the equator to the poles. Burrows are a refuge from predators, a safe home for raising young, or a tool to ambush prey. Burrows also protect animals against all types of natural disasters: fires, droughts, storms, meteorites, global warmings—and coolings. In a book filled with spectacularly diverse fauna, acclaimed paleontologist and ichnologist Anthony Martin reveals this fascinating, hidden world that will continue to influence and transform life on this planet.

The Little Book of Economics

How the Economy Works in the Real World
Author: Greg Ip
Publisher: John Wiley & Sons
ISBN: 1118417534
Category: Business & Economics
Page: 288
View: 2361

Continue Reading →

An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics. Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward. From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening

Economic Facts and Fallacies

Second Edition
Author: Thomas Sowell
Publisher: Basic Books
ISBN: 0465026303
Category: Business & Economics
Page: 304
View: 1943

Continue Reading →

Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Economics Made Fun

Philosophy of the pop-economics
Author: N. Emrah Aydinonat,Jack J Vromen
Publisher: Routledge
ISBN: 1317449487
Category: Business & Economics
Page: 164
View: 1242

Continue Reading →

Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public. In the face of this crisis, many people, including well-known economists such as Paul Krugman, have started to express their doubts about whether economics is a success as a science. As well as academic papers, newspaper columns with a large audience have discussed the failure of economic to predict and explain ongoing trends. The emerging picture is somewhat confusing: economics-made-fun books present economics as a method of thinking that can successfully explain everyday and "freaky" phenomena. On the other hand, however, economics seems to fail in addressing and explaining the most pressing matters related to the field of economics itself. This book explores the confusion created by this contradictory picture of economics. Could a science that cannot answer its own core questions really be used to explain the logic of everyday life? This book was originally published as a special issue of the Journal of Economic Methodology.

René Girard's Mimetic Theory


Author: Wolfgang Palaver
Publisher: MSU Press
ISBN: 1609173651
Category: Literary Criticism
Page: 420
View: 8768

Continue Reading →

A systematic introduction into the mimetic theory of the French-American literary theorist and philosophical anthropologist René Girard, this essential text explains its three main pillars (mimetic desire, the scapegoat mechanism, and the Biblical “difference”) with the help of examples from literature and philosophy. This book also offers an overview of René Girard’s life and work, showing how much mimetic theory results from existential and spiritual insights into one’s own mimetic entanglements. Furthermore it examines the broader implications of Girard’s theories, from the mimetic aspect of sovereignty and wars to the relationship between the scapegoat mechanism and the question of capital punishment. Mimetic theory is placed within the context of current cultural and political debates like the relationship between religion and modernity, terrorism, the death penalty, and gender issues. Drawing textual examples from European literature (Cervantes, Shakespeare, Goethe, Kleist, Stendhal, Storm, Flaubert, Dostoevsky, Proust) and philosophy (Plato, Camus, Sartre, Lévi-Strauss, Derrida, Vattimo), Palaver uses mimetic theory to explore the themes they present. A highly accessible book, this text is complemented by bibliographical references to Girard’s widespread work and secondary literature on mimetic theory and its applications, comprising a valuable bibliographical archive that provides the reader with an overview of the development and discussion of mimetic theory until the present day.

A Few Hares to Chase

The Economic Life and Times of Bill Phillips
Author: Alan Bollard
Publisher: Oxford University Press
ISBN: 0191064769
Category: Business & Economics
Page: 224
View: 4460

Continue Reading →

The Phillips Curve is world famous amongst economists. The man who invented it was an inventor, an engineer, a genius, who led an exciting life and contributed to economics in many different ways. Born and brought up on a remote farm in rural New Zealand, his early life was a search for adventure. He invented toys and rebuilt machinery as a child. He experienced the rigours of the Great Depression on construction sites, and while still a young man he roamed the outback of Australia picking up casual work, sometimes working in gold mines, sometimes crocodile hunting. In 1937 he set off to discover militarising Japan, a guerrilla war in Manchuria, Stalin's Soviet Union, and the tensions in Europe. On the outbreak of war, he joined the RAF and was sent to Singapore where he rearmed planes but was eventually incarcerated in a POW camp by the Japanese. In camp he learned languages, invented gadgets for the troops and built a clandestine radio. If his first 30 years had been a search for adventure, his later life was a search for economic stability. Back in Britain after the war, he scraped through a sociology degree at the LSE, before convincing a sceptical faculty to let him build a hydraulic model of the economy. This beautiful complex machine was a great success and put Bill Phillips on the track of serious economics. In the next few decades he developed new ideas for stabilising economies, was one of the first to use electronic computers, developed the Phillips Curve, showed ways to help an economy to grow, and developed new techniques to model economies. Always innovative, he took another heading in his later years, working out how to stabilise the Chinese economy which was being wracked by the Cultural Revolution. Bill Phillips pioneered a dozen new directions in economics, making him one of the most innovative and influential of our economic pioneers.