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The Undercover Economist Strikes Back: How to Run-or Ruin-an Economy (Anglais) Relié – 16 janvier 2014

4.3 étoiles sur 5 3 commentaires client

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Descriptions du produit

Revue de presse

"Every Tim Harford book is cause for celebration. He makes ‘the dismal science’ seem like an awful lot of fun.”
– Malcolm Gladwell

“With fascinating examples and vivid explanations, Tim Harford succeeds in turning macroeconomics into a gripping read.”
—Simon Singh, author of Fermat’s Last Theorem

"Tim Harford is perhaps our very best popular economics writer, and with this book he turns his attention to inflation, unemployment, business cycles, and macroeconomics, with lucid clarity and compelling insight."
—Tyler Cowen, author of Create Your Own Economy and The Great Stagnation

"Tim Harford is a brave man to write a book about macroeconomics for the lay person; luckily, he is also a funny man...his perky style and chatty asides keep us grinning... [and he] has a knack for posing questions the average reader will have wondered about."
Wall Street Journal

"Harford has a knack for writing about economic issues in a clear and gripping way."
Worth Magazine

“Harford brings vigor and even humor to otherwise dry topics…[and] clarity to what has often been comprehensible to only a select few.”
Publishers Weekly  

“Independent thinkers aspiring to a better understanding of the world economy and of possible fixes for the current downturn will delight in this crisp, readable, and knowledgeable explication and analysis of macroeconomic events and theoretical perspectives.”
Library Journal 

“By the end of this book, you'll have learned so much that you'll be just as confused as the experts – and anything but bored.”
The Christian Science Monitor 

“Tim Harford is perhaps the best popular economics writer in the world… what [he] has achieved with his new book is nothing less than the holy grail of popular economics. While retaining the accessible style of popular microeconomics, he has managed to explain, with clarity and good humour, the knottiest and most important problems facing the world’s biggest economies today.”
The New Statesman

“With beguiling clarity and…effortlessly breezy style… Harford explains the subject with impressive clarity and wit.”
The Times (London)

 

Présentation de l'éditeur

A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist.

Look out for Harford's forthcoming book, Messy, a big idea book about the genuine benefits of being messy: at home, at work, in the classroom, and beyond.

Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. From politicians to hedge-fund managers to middle-class IRA holders, everyone must pay attention to how and why the global economy works the way it does.

Enter Financial Times columnist and bestselling author Tim Harford. In this new book that demystifies macroeconomics, Harford strips away the spin, the hype, and the jargon to reveal the truth about how the world’s economy actually works. With the wit of a raconteur and the clear grasp of an expert, Harford explains what’s really happening beyond today’s headlines, why all of us should care, and what we can do about it to understand it better.

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Format: Broché Achat vérifié
This book differs from probably all other books about economics .It is based on the head of a government that wants to apply the best lessons from three types of economists, macro economists, micro economists and behavioral economists. It is an exciting and frustrating experience. Every insight upon closer analysis has serious limitations that can be overcome in part by another discipline. Unfortunately the three disciplines have only recently taken an interest in each other. However we are still far removed from a coherent picture.
The author confirms that economic theory is a dismal science from the point of view of predicting what will happen in the future as the result of decisions. The author singles out parts in all three disciplines that are useful considering specific conditions . However there are parts that are useful depending on specific conditions. I was aware of some of these useful parts, but they were not completely clear to me. The authors gives excellent explanations, better than in the many books I I have read about economics.
It is also one of the few books about economics that are fun to read.
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Par RAS TOP 500 COMMENTATEURS le 17 septembre 2014
Format: Broché
Malheureusement, les livres de Tim Harford ne sont pas encore traduits en français pour le moment. C'est un incomparable narrateur, il arrive à faire des histoires avec tous les développements théoriques macro-économiques qu'il expose. A chaque difficulté, il trouve une anecdote qui rend le propos intelligible. Par exemple, le cas de la coopérative de babysitting où personne ne demande la garde de ses enfants aux autres parce qu'ils espèrent tous économiser leurs vouchers pour des sorties futures, un cas typique de récession "par manque de demande". L'auteur suggère que les solutions keynésiennes sont dans ce cas efficaces. Cela consisterait dans ce cas-ci à réinjecter des vouchers dans le circuit, en distribuer aux parents relancerait la "demande" de babysitting. Ou les cas de ce camp de prisonniers de guerre allemand, où un petit commerce modeste mais florissant se développait à partir des colis de la Croix-Rouge. La diminution des ces arrivages entrainait alors une récession "par manque d'offre", par pénurie de marchandises. Dans ce cas, c'est plutôt la théorie économique classique qui aurait raison, soulignant l'inutilité d'injecter des liquidités, faute d'offre suffisante. Les choses sont plus complexes, et j'apprécie que Tim Harford simplifie, mais pas plus que nécessaire et présente aussi les complexités du débat. Le livre porte notamment sur les récessions, l'inflation, le chômage, le management, le PNB, le bien-être subjectif, les inégalités.Lire la suite ›
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Format: Format Kindle
This book is very well written and educational, as Tim Harford has led his readers to expect. At times, it is a bit heavy on the storytelling style. Overall, it does a nice job explaining a lay reader how economists think about the big macro issues such as growth, recessions and unemployment. I list what I view as some pluses and minuses of the book below.

Pluses:

- Great quotes from Douglas Adams' Hitchhiker’s Guide to the Galaxy!

- A nice debunking of Krugman's babysitting coop rant.

- A great discussion of Radford's POW camp article.

- A very pedagogical comparison of the classical and Keynesian views of recessions, concluding on an ironic note (but see below for a minus): « Sometimes an economy’s output is constrained by the demand for goods and services (Keynes’s Law) and sometimes it is constrained by their potential supply (Say’s Law). It sounds like neither of them are really laws at all. Yup. This is social science—what did you expect? » ... « But there is also a really simple way to combine the two views. We need to introduce a concept you’ll hear discussed often in economics—the “short run” and the “long run.” Most economists would agree that in the short run, it is Keynes’s Law that is relevant. And most economists would also agree that in the long run, it is Say’s Law that counts. »

- A thought provoking discussion of the question Can Growth Continue Forever?: « Energy growth is not the same as economic growth [...] It’s easy to grasp why exponential economic growth is not the same as exponential energy growth. If I’m worried about money, I may turn off my heating and wear a coat and hat indoors; a bit of extra money will mean I take off the hat and coat and use more energy.
Lire la suite ›
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