The Incognito Economist Strikes Again

In ten years' time, will we be richer or poorer?
Why doesn't austerity work? Or does it?
Is the economy out of control?

Tim Harford's first book, The Undercover Economist, was a global phenomenon, selling over a million copies. In it, Harford analyzed the world through the prism of microeconomics, from the cost of a cappuccino to the way supermarkets display their products.

Some time later, in a world completely transformed by the global crisis, the undercover economist returns. In this book, Tim Harford broadens the focus to help us understand how the world's economy actually works, dispensing with hollow terminology. This book provides answers to questions such as: what would happen if everyone's debt were cancelled? Why do banks continue to pay scandalous bonuses? How is employment actually created? Or will emerging countries come to control the world economy?

With the knowledge of a true expert and the expository clarity of a popularizer, Harford explains what is really happening, beyond the big headlines, and how we can understand it.

Reviews:
«The publication of a new book by Tim Harford is great news. Harford makes an arid science actually seem fun.»
Malcolm Gladwell, bestselling author of Outliers

«Tim Harford is a brave man for writing a book on macroeconomics for non-expert readers. Fortunately, he is also a funny man.»
Wall Street Journal

«Harford brings vigor and even humor to generally tough subjects, and clarity to aspects usually only understood by a minority.»
Publishers Weekly

«Harford steps away from the controversy surrounding macroeconomics and offers the keys to understanding all these debates, using examples ranging from cases taken from World War II prisoner camps to the oil crisis of the 1970s. Harford unravels the subject with enormous clarity and intelligence.»
The Times

«Reading Harford is as much fun as talking to the funniest guy at a party. It's so entertaining that readers will master macroeconomics without even realizing it.»
Financial Times