From the course: The Undercover Economist: The Economics behind Everyday Decisions (Blinkist Summary)
How economics shape your life
From the course: The Undercover Economist: The Economics behind Everyday Decisions (Blinkist Summary)
How economics shape your life
- [Female Announcer] This is an audio course. Thank you for listening. - [Male Announcer] This content is brought to you by Blinkest. (upbeat tones) Tim Harford, "The Undercover Economist." How many times have you moaned and groaned about how your shopping bills are becoming more expensive or how you could have sworn that broccoli was only $2 per head, not four? Or how someone has sold you a shotty product? Yes, it's frustrating, but do you ever stop to think why any of this happens in the first place, why we continue to buy expensive products even when we can't be sure of the quality? "The Undercover Economist" sets out to answer those questions and more crucial provides us with an understanding of how economic shapes our lives and our purchasing decisions. It also explains how, by understanding the economics behind everything, you can start to make better purchasing decisions in your day to day life and no longer fall victim to the tricksy strategies of marketeers. Along the way, these blinks will show you how entire societies can be defined by their economies. If you've ever wanted to know why some countries are poor while others are vastly rich, these blinks will offer you some critical insights.
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