Skill Level Beginner
- [Announcer] This content is brought to you by Blinkist. (bouncy music) - [Narrator] 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 shoddy 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 crucially, 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.