Matt's review

Matt's review

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

Nophoto-m-50x66 Matt's review
rating: 5 of 5 stars5 of 5 stars5 of 5 stars5 of 5 stars5 of 5 stars

I'm a sucker for pop books about economics, and this is the best of the breed -- better, even, than that NYT bestseller Freakonomics. Why? Because Harford, unlike Levitt, actually explains the reasoning and the data he used to follow a problem from its formulation through to its conclusions. He also addresses classic economic problems--why is it hard to buy a used car? why do all the restaurants in Times Square suck? etc., as compared to why you should name your child "Tova". 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.

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