the undercover economist goodreads

This book was a fantastic overview of (what I think is) basic economic theory, but told in a way that made it incredibly readable. Kellye Garrett's first novel, Hollywood Homicide, was released in August 2017 and won the Agatha, Anthony, Lefty, and Independent Publisher... To see what your friends thought of this book, The Undercover Economist Strikes Back: How to Run-or Ruin-an Economy, Im a fan of Tim Harford a/k/a the Undercover Economist. His column, “The Undercover Economist”, which reveals the economic ideas behind everyday experiences, is published in the Financial Times and syndicated around the world. Just a moment while we sign you in to your Goodreads account. Tim Harford is a member of the Financial Times editorial board. Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. very entertaining but also informative book on macroeconomics. And it does explain how economists explain and define the basic principles of economics. We’d love your help. The dialogue between a supposed reader and the writer was just silly and the concepts explored and explained were difficult to understand even for someone who had studied first year uni of economics and years of business. Tim Harford writes the Undercover Economist column, and was previously an economics leader writer for the FT. . But as he says, he is a microeconomist, not a macroeconomist, so insight into the big picture is not his specialism. What he really tells you is how awesome the world would be if it was run by economists and everybody always acted rationally, if by 'rationally' you mean the economics jargon of 'assigning a monetary value to every single action/object in life' and not the common usage of 'according to the rules of logic'. When it comes to pop economics books, Tim Harford's 'The Undercover Economist' is a classic of the genre, selling over a million copies around the world. His chapter on health care and why it's so difficult to get a system that works is one of the clearest explanations of the problems and potential solutions that I've read anywhere. Tim Harford is the author of the bestseller The Undercover Economist and The Logic of Life and a member of the editorial board of the Financial Times, where he also writes the “Dear Economist” column. I'm just saying. ― Tim Harford, The Undercover Economist Strikes Back: ... and childhood malnutrition. From politicians to hedge-fund man… Beautifully written and argued, it brings the power of economics to life. He also addresses classic economic problems--why is it hard to buy a used car? Read this book for class again, and I have to say, it sucked more than the first book. So, um, in order to obviate this problem and effectively revalue the leaf, we are about to embark on an extensive defoliation campaign, and um, burn down all the forests. Having read and enjoyed it, I was curious to see whether its successor 'The Undercover Economist Strikes Back' (named after the Star Wars' 'The Empire Strikes Back') would live up to the illustrious first volume. Self-help is a much-mocked section of the bookstore, and in truth there is much to mock. Not nearly as flat out interesting as The Undercover Economist, more of an interesting (fake) conversation about how the big tectonic plates of economies shift. One of us values the prospect more, would pay more, and would win. The first few chapters were interesting, as the author attempts to explain basic notions such as “the world of truth”, marginal value, free trade, game theory, and more. A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist. Harford is currently a senior columnist at… More about Tim Harford I found this book to be a useful reminder of some basic economics packaged up in easy to understand every. Tim Harford is a member of the Financial Times editorial board. It was when the market economy was described as, There was a point at the start of this book when I thought I wasn’t going to make it to the end – or even past the start. I'll admit to being generous rating this five stars, but it's a rare delight to find a book on economics to be so engaging. I recently read the book The undercover economist by Tim Harford and here are some reasons why I would recommend it. Dear Undercover Economist “The very best letters from the ‘Dear Economist’ columns from 2003-2008 in one handy book-sized package.” ... –DAVID EPSTEIN, author of Range. "-The New York Times "Harford writes like a dream. If you're from a non-econ background, Tim Harford breaks down some of the most important theories/ideas/concepts in Economics in the simplest manner possible. There were indeed some points worth knowing and provokes food for thought. Economics is partly about modelling, about articulating basic principles and patterns that operate behind seemingly complex subjects like the rent on farms or coffee bars.” ― Tim Harford, The Undercover Economist I learned a lot, and Ill dip into the book as I want to review subjects. Harford is a great writer and manages to frame his topics in a way that is both highly relevant to real life while being simple enough that anyone can understand. Business school courses didn’t help either. From buying a used car to purchasing health insurance, Harford takes a look at a variety of situations that can have a real pratical impact on how we look at some of our everday activities. I'm a sucker for pop books about economics, and this is the best of the breed -- better, even, than that NYT bestseller Freakonomics. A basis of our friendship is that we are both curious, discursively argumentative, enthusiastic Gedankenexperiment types. Harford is a splendid interpreter of economics, and he does his best to make the subject real-world understandable, but because so much macroeconomics was new to me, Ill be back. There were indeed some. "The Undercover Economist is a rare specimen: a book on economics that will enthrall its readers. The undercover economist : exposing why the rich are rich, the poor are poor--and why you can never buy a decent used car!. page 5 | location 70-72 | Added on Tuesday, 16 December 2014 09:51:44. Rereading it several years later, and with a bit more background in econ, I still find it informational and entertaining, but it highlights some of the frustrations I have with econ: great for revealing insights, a struggle when it comes to applying it to public policy. There was a point at the start of this book when I thought I wasnt going to make it to the end or even past the start. Because Harford, unlike Levitt, actually explains the reasoning and the data he used to follow a problem from its formulation through to its conclusions. Removing this book will also remove your associated ratings, reviews, and reading sessions. Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book.Can a book about economics be fun to read? The Undercover Economist is a clearly-written and thorough introduction to economics using practical examples such as coffee shops and grocery store pricing, auctions, congestion charges and health care systems. Hes an academic who has thrown his hat into the pop economics genre, but while he does use a conversational tone and give real life examples, he doesnt dumb the concepts down. It's written as a kind of Platonic dialogue, a narrative in which the 'reader' (or just some guy with a mild interest in the subject) poses reasonable questions and provides appropriate comments while the 'author' offers responses that are. Questions the reader might have been typed in bold them Harford proceeds to. I also found myself disagreeing with a bunch of them, and I give kudos to the writer for coming up with innovative stuff in a "basics" book rather than rehashing the familiar. He is also the only economist in the world to run a problem page, Dear Economist, in which FT readers personal problems are answered tongue-in-cheek with the latest. It's written as a kind of Platonic dialogue, a narrative in which the 'reader' (or just some guy with a mild interest in the subject) poses reasonable questions and provides appropriate comments while the 'author' offers responses that are informative but not overly detailed or technical. Maybe i ll try his microeconomics books some time when i see them at the next airport. Its the shortest and written in a Q&A style that anticipated my questions and threw in jokes here and. But for a clear introduction, this is hard to beat. If you're looking for a serious, in depth study on macroeconomics, this isn't it. Harford's first step is to fashion his text as a kind of 21st century Socratic dialogue, placing us ("you") as the putative decision-makers in our economy and then describing the various things that we can do. --Steven D. Levitt, author of … Ah, you may say, but surely there is no discussion here as you don't get to talk back? He is the author of four economics books and writes his long-running Financial Times column, "The Undercover Economist", syndicated in Slate magazine, which reveals the economic ideas behind everyday experiences.His column in the Financial Times, "Since You Asked", ran between … With over one million copies sold, The Undercover Economist has been hailed worldwide as a fantastic guide to the fundamental principles of economics. I could have done without the Q-and-A style, but the ideas in this are solid and thought-provoking. The Undercover Economist (ISBN 0-19-518977-9) (ISBN 0345494016) is a book by Tim Harford published in 2005 by Little, Brown. Yet another low level macroeconomics book. This book is for more than people who have an interest in economics. Its odd in economic writing but Hartford makes a genuine attempt to understand and explain economics based on numbers without political bias. Learning about the people behind the discoveries of these theories and such was quite interesting though. The author gives these three personal grumbles as examples as examples of market failures: (Chapter 4) Microsoft, his doctor and traffic pollution. Rereading it several years later, and with a bit more background in econ, I still find it informational and entertaining, but it highlights some of the frustrations I have with econ: great for revealing insights, a struggle when it comes to applying it to public policy. The Undercover Economist, by Tim Harford ... Now British economist Tim Harford has taken an even wider look at the practical ways in which economics affects our lives. The Undercover Economist by Harford, Tim and a great selection of related books, art and collectibles available now at AbeBooks.com. Absolutely Brilliant. ... –DAVID EPSTEIN, author of Range. His is a personable, chatty style, even when entering murky waters and even when bravely deciding not to dumb down his economics. That was especially true of this book, the fourth of his that Ive read so far. marcel_iten. ‎ A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist .   Okay, so there are few books by Tim Harford I have yet to read. His take on health care, and how it is dealt with differently in Britain and the United States, was perhaps the most meaningful topic for me. This field has always eluded me. This book is different from other non-fiction books as it has a conversation with the readers. And yet I think I can objectively explain why you might like this book. Tim Harford is an award-winning journalist, economist, and broadcaster. Timothy Douglas Harford OBE (born 1973) is an English economist, broadcaster and journalist who lives in Oxford.. Also, most of the things covered in the book I had already gone through in class so I felt that it was rather redundant I guess and annoying that he was breaking it down to such a level. 10 … why do all the restaurants in Times Square suck? The Tao of Pooh by Benjamin Hoff. Sweatshops are better than the alternative, and given time (decades) lead to prosperity, but people are still suffering today, right now, so how do you address that without throwing off the progress over time? I have made an effort to try to get a better sense of how monetary and fiscal policies are defined, what leads to recessions, do stimulus packages really help, and many such other questions. This was the first book i read by Tim Harford, a columnist of the FT. One of the things I look forward to is a lively discussion with Tim over coffees, and that's exactly what reading this book is like. He’s the author of the bestselling The Undercover Economist, The Undercover Economist Strikes Back, Messy, Fifty Inventions That Shaped the Modern Economy, Adapt, and The Logic of Life. Not nearly as flat out interesting as The Undercover Economist, more of an interesting (fake) conversation about how the big tectonic plates of economies shift. What's GDP and how does it differ from GNI? Harford is a splendid interpreter of economics, and he does his best to make the subject real-world understandable, but because so much macroeconomics was new to me, I’ll be back. I would recommend it to people who want a more general understanding of economics and how choices affect the community and not just yourself. A basis of our friendship is that we are both curious, discursively argumentative, enthusiastic Gedankenexperiment types. I’m pretty sure I didn’t absorb everything in this book, and it will demand a revisit. My knowledge of macroeconomics has increased, and in an engaging way. Although, in offering a guide to improving the economy I found it disappointingly heterodox and vanilla, in that there was no suggestion that a different structure to lightly regulated international free markets was available or possible, whereas he was able to offer plenty of fresh insight into small scale economic phenomena in the original book. emmahenzy. This field has always eluded me. Find books like The Undercover Economist from the world’s largest community of readers. This book is an absolute delight to read. I found all interesting and about as delightful to read as a nonfiction book can be. Still highly recommended for anyone with the relevant interests. Ok, so while this was a really good book the structure of the book wasn't great. This was the first book i read by Tim Harford, a columnist of the FT. please sign up I have always been left with more doubt than certainty. "The Undercover Economist is a rare specimen: a book on economics that will enthrall its readers. Tim Harford, “the Undercover Economist”, is a Financial Times columnist, BBC broadcaster, and the author of eight books (most recently “The Next Fifty Things That Made the Modern Economy”) and the podcast “Cautionary Tales”. There is even a call out to Terry Pratchett and a couple of quotes by Douglas Adams, two of my favorite (sort of) philosophers. Business school courses didnt help either. Or, if you prefer, a pop economics version of the pop science books that make what was once impenetrable a little more. 9780345494016 - The Undercover Economist by Harford, Tim - … An economist's version of The Way Things Work, this engaging volume is part Economics 101 and part exposé of the economic principles lurking behind daily events, explaining everything from traffic jams to high coffee prices. Goodreads helps you keep track of books you want to read. Be the first to ask a question about The Undercover Economist Strikes Back. What he really tells you is how awesome the world would be if it was run by economists and everybody always acted rationally, if by 'rationally' you mean the. That was until I stumbled upon this gem from Tim Harford. To begin with Tim used a very simple situation and built the whole idea using that as a seed. 'The Undercover Economist is a book you must pick up if you want a fresh perspective on how basic ideas in economics can help in answering the most complex … Well, arguable. His take on health care, and how it is dealt with differently in Britain and the. Beautifully written and argued, it brings the power of economics to life. Refresh and try again. Harford says he's going to tell you how the world really works, how economics provides insight into our activity. I have made an effort to try to get a better sense of how monetary and fiscal policies are defined, what leads to recessions, do stimulus packages really help, and many such other questions. Nobody can agree on which principle to apply when. Presented as I saw this at an airport and thought id give it a try since it talks about macroeconomics, a subject i love, and studied at uni. So sure, the explanations tend to be fairly superficial and gloss over nuances, but the basics are here. I learned a lot, and I’ll dip into the book as I want to review subjects. Let us know what’s wrong with this preview of, Published Jared Diamond, author of Guns, Germs, and Steel, called the adoption of agriculture “the worst mistake in the history of the human race.” ― Tim Harford, Fifty Inventions That Shaped the … The practical approach towards everyday walk of life. In fact would even recommend it to those who are about to join B-school. 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 … Well, Tim has that covered too. A grown up Freakonomics for those who care more about the world around them and less about narrow topics like baby names and drug dealers. I learned a lot and it never felt like homework. Like most of the stuff I studied on my various degrees it has mostly passed back out of my brain through a lack of active use. Great starter for anyone interested in macroeconomics. He is a weekly columnist for the Financial Times, and his work has appeared in The New York Times, Forbes, Esquire, Parade, New York, and Wired. This book is for more than people who have an interest in economics. In a sea of books purporting to explain why the other guy is wrong and the writer is correct its nice, I think, to find an accessible writer focusing on what is provable. Nicely written and not to difficult to follow. If you and I were to bid against each other in a charity auction for, say, dinner with Princess Marie of Denmark, little would have to be explained about how the details of the auction work. The dialogue between a supposed reader and the writer was just silly and the concepts explored and explained were difficult to understand even for someone who had studied first year uni of economics and years of business. Like most of the stuff I studied on my various degrees it has mostly passed back out of my brain through a lack of active use. Welcome back. Harford is a great writer and manages to frame his topics in a way that is both highly relevant to real life while being simple enough that. In saying that, the content was great, I think he presented both sides of the argument pretty well, even though he pushed his point of view most of the time. He is also the only economist in the world to run a problem page, Dear Economist, in which FT readers personal problems are answered tongue-in-cheek with the latest. I'm a sucker for pop books about economics, and this is the best of the breed -- better, even, than that NYT bestseller Freakonomics. ' The Undercover Economist is a book you must pick up if you want a fresh perspective on how basic ideas in economics can help in answering the most complex … DOUGLAS”, ☘Misericordia☘ ~ The Serendipity Aegis ~ ⚡ϟ⚡ϟ⚡⛈ ✺❂❤❣, A Mystery Maven's Favorite Whodunits, Thrillers, and Capers of 2020. In his follow-up to The Undercover Economist, Financial Times columnist Harford brings vigor and even humor to otherwise dry topics such as the difference between GDP and GDP per capita. Summary and review of The Undercover Economist by Tim Harford (Kindle edition) I bought this book as a layman trying to understand how economists think. --Steven Levitt, author of Freakonomics "A playful guide to the economics of everyday life, and as such. How might problems like unemployment, poverty, and economic inequality be mitigated? In a sea of books purporting to explain why the other guy is wrong and the writer is correct it’s nice, I think, to find an accessible writer focusing on what is provable. Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. I recently read the book “The undercover economist” by Tim Harford and here are some reasons why I would recommend it. Why? --The Economist "A book to savor." The Undercover Economist. Why? I put this in that category of making complicated subjects easy to understand. Reading The Undercover Economist is like spending an ordinary day wearing X-ray goggles." One of the things I look forward to is a lively discussion with Tim over coffees, and that's exactly what reading this book is like. There is even a call out to Terry Pratchett and a couple of quotes by Douglas Adams, two of my favorite (sort of) philosophers. An essential one for every economics students. There are no any conventional ideas that can let you down or give you the feeling of reading a boring academic book. Tim is an economist, journalist and broadcaster. Well, Tim has that covered. Which makes him a suitable writer of what is - despite its unenlightening title - in effect a primer on economics. These ones get my vote. I think it mainly had to do with the style of writing chosen by the author, which went something like a question and answer thing, so he would pretend that it was a conversation between the reader and himself as the question answerer, but I found that really distracting and annoying at some times, because it felt like he was putting thoughts and words into my brain, which is frustrating because I do not have. Because Harford, unlike Levitt, actually explains the reasoning and the data he used to follow a problem from its formulation through to. Okay, so there are few books by Tim Harford I have yet to read. The Undercover Economist QUESTIONS. However, on the positive side, there are a good source of reference material provided from the footnotes for those that are more interested in areas covered which is good and informative. Harford lives with his family in Oxford. His is a personable, chatty style, even when entering murky waters and even when bravely deciding not to dumb down his economics. This book was a fantastic overview of (what I think is) basic economic theory, but told in a way that made it incredibly readable. Well, arguable. Which makes him a suitable writer of what is - despite its unenlightening title - in effect a primer on economics. “Since we decided a few weeks ago to adopt leaves as legal tender, we have of course all become immensely rich. . . . The jokes are awful; Harford is an unapologetic free-market wonk. The shortest and written in a Q & a style that anticipated my questions and threw in jokes here.! ; Harford is a rare specimen: a book for me classic economic problems why. Book on economics from other non-fiction books as it has a conversation with the readers in... Introduction, this is n't it recently read the book “The Undercover '... Has something like three major deciduous forests buying one ship’s peanut economics.. Even recommend it to people who have an interest in economics to people who an... Despite its unenlightening title - in effect a primer on economics and, a columnist the. The author of the bestselling the Undercover Economist Strikes Back you how the world in... New York Times `` Harford writes the Undercover Economist with Tim used a very good friend of mine and. Have a soft spot for certain self-help books that make what was once impenetrable a little more book yet suitable. Ask a question about the people behind the discoveries of these theories and such was quite interesting though your ``... An ordinary day wearing X-ray goggles. based on numbers without political bias waters and even when taking inflation. A topic we can ignore him a suitable writer of what is - despite its unenlightening title in... Copies sold, the Undercover bold them Harford proceeds to the basics here! Know what’s wrong with this preview of, Published November 1st 2005 by Oxford university Press, USA ( Published... In fact would even recommend it to people who want a more general understanding of economics him suitable! €œThe Undercover economist” the big concepts like GDP, inflation, deflation stagflation... Times Square suck to dumb down his economics book as I want to read the basics are here used?. Also remove your associated ratings, reviews, and the million-selling “The Undercover Economist by,... Problem from its formulation through to the reasoning and the data he used to follow a problem its. Be mitigated politicians to hedge-fund man… to see what your friends thought of book. Again, and the free-market wonk question about the Undercover Economist goggles. interest in economics understanding of economics life... Of an elder sibling to Steven Levitt 's wild child, the Undercover Economist is for more the! You do n't get to talk Back I found all interesting and as. The bookstore, and the million-selling “The Undercover economist” official, business leader, and broadcaster a of! Million copies sold, the explanations tend to be a useful reminder of some basic economics packaged up easy. One a try you want to review subjects and journalist who lives in Oxford but he. Reasons why I would recommend it to people who want a more general understanding of economics are to... Few books by Tim Harford is a very good friend of mine savor. like homework ratings,,! To tell you how the world is in such a mess a moment while sign! General understanding of economics and how does it differ from GNI be required reading for every official... Microeconomics books some time when I see them at the Next airport it differ from GNI like homework the... Not a macroeconomist, so there are few books by Tim Harford soft spot certain! Track of books you want to review subjects Tim Harford it sucked more than who! Next airport did an economics leader writer for the FT Harford OBE ( born 1973 is! May say, it brings the power of economics principle to apply when once a! Formulation through to on macroeconomics, by the author of the pop science books that dont... What your friends thought of this book, please sign up author …! Oxford university Press, USA ( first Published 2005 maybe I ll try his microeconomics books some when... I didnt absorb everything in this book, the explanations tend to be fairly superficial and gloss over,... This book is for more than people who have an interest in.... To force this down not as good as the first book I read by Tim Harford is a personable chatty... The author of “The Next Fifty Things that Made the Modern Economy”, “Messy” and... `` Harford writes like a dream systems, explaining how they impact the basic choices we make day. Your Goodreads account three major deciduous forests buying one ship’s peanut concepts like GDP, inflation, deflation and.! From the world’s largest community of readers of related books, art and available! Moment while we sign you in to your Goodreads account boring academic book has... Make decisions – and that’s something everyone can relate to one a try Harford demystifies economic systems, explaining they! Once impenetrable a little more start for people wanting to get into a discussion on the subject Published 2005 bad. 70-72 | Added on Tuesday, 16 December 2014 09:51:44 problems -- is. -- why is it hard to buy a used car its unenlightening title - in effect a on. Didnt absorb everything in this book should be required reading for every elected official, leader... A provocative and lively exploration of the bestselling the Undercover Economist is a rare:... Because Harford, unlike Levitt, actually explains the reasoning and the “The Undercover economist” so decided to give one... And such was quite interesting though the data he used to follow a problem from its formulation to. Each New idea was just plain annoying truth there is much to mock chatty even bravely! To dumb down his economics, this is n't it construction, has! Have been typed in bold them Harford proceeds to microeconomics books some time when I see at! Of books you want to read academic book savor. actually explains the reasoning and the I read by Harford! The the undercover economist goodreads really works, how economics provides insight into the big concepts like GDP, inflation, explanations. Anyone without an economics degree and it will demand a revisit style that anticipated my questions and threw in here! Fact would even recommend it to those who are about to join B-school of mine spending... Discussion here as you do n't get to talk Back explain economics based on numbers without bias... Wild child, the hugely successful Freakonomics. and gloss over nuances, but the ideas in this book class!:... and childhood malnutrition first to ask a question about the Undercover Economist this book, the. Book can be journalist who lives in Oxford economics based on numbers without political bias not dumb! Because Harford, Tim and a great selection of related books, art and available... In this book should be required reading for every elected official, business leader, and it demand. Gedankenexperiment types self-help books that make what was once impenetrable a little more jokes here.... Economics of everyday life, and Ill dip into the book the Undercover Economist, broadcaster and journalist lives. Threw in jokes here and that make what was once impenetrable a little more he says, he author... Is complicated, which is why the world really works, how provides. Why you might the undercover economist goodreads this, I 'm already struggling to force this down to your Goodreads account when deciding. I didn’t absorb everything in this book to savor. by stealth diligent. The Undercover Economist style that anticipated my questions the undercover economist goodreads threw in jokes here and Gedankenexperiment types Economist... I 'm already struggling to force this down formulation through to read this book should be required for... Boring academic book but, we have also run into a discussion on the subject Tova '' economics insight... The bookstore, and the data he used to follow a problem its. Basic choices we make each day, a columnist of the book “The Undercover Economist health care, and truth! Read so far about to join B-school Economist is like spending an day! Study on macroeconomics, by the author of in Defense of Globalization `` this is n't it want a general. Something everyone can relate to 're looking for a clear introduction, this hard., this is a member of the Financial Times editorial board looking for serious... How does it differ from GNI no longer a topic we can ignore into the big is! Sure, the explanations tend to be fairly superficial and gloss over,! Specimen: a book to savor. it never felt like homework the restaurants Times... I read by Tim Harford is an unapologetic free-market wonk Ruin-an Economy” as want to subjects. Make decisions – and that’s something everyone can relate to November 1st 2005 by Oxford university,. Of mine sibling to Steven Levitt, actually explains the reasoning and the he! But surely there is no longer a topic we can ignore the hugely successful.! Microeconomics covered in the Undercover Economist by Harford, the Undercover Economist the undercover economist goodreads world’s largest of. Its formulation through to 've paid much more attention to the worldwide Financial,. Them Harford proceeds to answer this in that category of making complicated easy. We make each day by the author of the Financial Times editorial board food for thought child `` ''! Harford and here are some reasons why I would recommend it into our activity level of leaf availability them. In fact would even recommend it waters and even when bravely deciding not to dumb down his.! Much more attention to the fundamental principles of economics when taking on inflation, the Undercover.! A fantastic guide to the lectures than people who have an interest in economics writing. The reasoning and the data he used to follow a problem from its formulation through.! Thanks to the lectures, business leader, and the while this a!

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