{"product_id":"the-undercover-economist-revised-and-updated-edition-exposing-why-the-rich-are-rich-the-poor-are-poor-and-why-you-can-never-buy-a-decent-used-car-9780199926510","title":"The Undercover Economist, Revised and Updated Edition: Exposing Why the Rich Are Rich, the Poor Are Poor - And Why You Can Never Buy a Decent Used Car","description":"With over one million copies sold, \u003cem\u003eThe Undercover Economist\u003c\/em\u003e has been hailed worldwide as a fantastic guide to the fundamental principles of economics. An economist's version of \u003cem\u003eThe Way Things Work\u003c\/em\u003e, this engaging volume is part Economics 101 and part exposé of the economic principles lurking\u003cbr\u003ebehind daily events, explaining everything from traffic jams to high coffee prices. \u003cp\u003e\u003c\/p\u003e\u003cstrong\u003eNew to this edition\u003c\/strong\u003e: This revised edition, newly updated to consider the banking crisis and economic turbulence of the last four years, is essential for anyone who has 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\u003cbr\u003eoutwit Starbucks. Senior columnist for the \u003cem\u003eFinancial Times\u003c\/em\u003e Tim Harford brings his experience and insight as he ranges from Africa, Asia, Europe, and the United States to reveal how supermarkets, airlines, and coffee chains--to name just a few--are vacuuming money from our wallets. Harford punctures\u003cbr\u003ethe 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\u003cbr\u003esinister is going on. \u003cp\u003e\u003c\/p\u003eCovering 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\u003cbr\u003ean 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, \u003cem\u003eThe Undercover Economist\u003c\/em\u003e turns the dismal science into a true delight.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/15\/2012\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780199926510\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 304\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.25lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.40h x 6.40w x 0.90d","brand":"Tim Harford","offers":[{"title":"Default Title","offer_id":41132987482293,"sku":"9780199926510","price":27.19,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_a53bbc57-8d34-407a-bed5-8ad20c512ddd.jpg?v=1632834231","url":"https:\/\/pastforward.org\/products\/the-undercover-economist-revised-and-updated-edition-exposing-why-the-rich-are-rich-the-poor-are-poor-and-why-you-can-never-buy-a-decent-used-car-9780199926510","provider":"Past Forward","version":"1.0","type":"link"}