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The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car! (Hardcover) (精装)
 by Tim Harford


Category: Non-fiction, Business, Economics, Market
Market price: ¥ 268.00  MSL price: ¥ 248.00   [ Shop incentives ]
Stock: Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ]    
MSL rating:  
   
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MSL Pointer Review: This book works well as a layman's introduction to economics and grips readers interested in understanding free-market forces .
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  • Steve Burns (MSL quote), USA   <2007-06-15 00:00>

    This is a great book to follow up with if you enjoyed Freakonomics. This book's subjects are less amazing but are more practical and he goes into more detail.
    Here are some examples:

    1). Starbucks large sizes only cost pennies more but they charge much more for them because they want the people who don't care about spending more to have the option to spend more.

    2). He explains why countries like Cameroon stay so poor. It is due to the way the government punishes business with ridiculous taxes, and the government is completely corrupt and positions in government are rewarded based on connections.All decisions are based on politics, they have killed capitalism and the reward for capatilism.

    3). If we closed down the sweat shops around the world the workers would be forced to go back to digging through garbage dumps for a living.The sweat shops the west think are so horrible are actually a huge step up for these impovershed countries and could lead to manufacturing jobs.Sweat shop workers are like the middle class of their villages.

    And much,much,more....

    I found this book very thought provoking and enjoyable, I learned that our country is the most advanced in the world through the power of unrestrained capitalism.Because it works!
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