©2006 Tim Harford; (P)2006 Recorded Books, LLC.
"The book is unequaled in its accessibility and ability to show how free market economic forces affect readers' day-to-day." (Publishers Weekly)
The Undercover Economist is about as funny as economics can get, and Harford makes topics that are normally complex understandable.
On a side note he convinced me that I could open a coffee shop directly next to a Starbucks and run them into the ground if I only used a little bit of economics and local incentive.
This book was a class requirement for one of the courses in my MBA program. Great overview and intro of economics. It provided me some solid insights into the primary principles of economics.
Business owner , philanthropist.
I have read a lot of books that are the same old thing and to be honest this book does have some of that. It does have some concepts that I never got before though. Really worth while.
I enjoyed this book more than Freakonomics, but the reader was very distracting. I listen to most audiobooks via headphones and there wasn't a single sentence where I couldn't hear loud inhalations or other extraneous and irritating noises. The book itself was interesting enough that I enjoyed the book quite a bit, but the reader was very disappointing.
I had heard that this book offers clear insights into economic theory. Nope, no insights, but that's largely because the author couldn't hold a critical thought in his head if his life depended upon it. I've read econ textbooks with more verve than this.
All this book offers is the disproven and simplistic pop theory called "supply side economics" but he adds the insult of political posturing badly masked as research. The narrator has a voice that will bore you to tears, then send you searching for a blunt object to pound the life out of your iPod. The insanely circular logic and the flat sentence syntax are not the machines' fault, but the author is probably in hiding. If not he should be, if only out of embarrassment at publishing this mess.
While a few of the points are valid, most of the book is complete nonsense. Examples: the part about buying a used car or health insurance are so far off the mark from reality. To borrow a quote from Billy Madison, everyone in this room is now dumber for having listened to it.
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