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The Price of Everything: The True Cost of Living [Paperback]

Eduardo Porter
4.0 out of 5 stars  See all reviews (1 customer review)
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Book Description

1 Mar 2012

Why is a life saved from a terrorist attack worth two saved from a natural disaster? Why are women more valuable than ever? Why do Americans tip when Europeans don't? And how can orange juice be used to predict the weather?

The Price of Everything starts with a simple premise: behind every decision we make lies a price, whether we're buying a cup of coffee, taking a new job, or deciding to become a parent. Prices are the invisible thread that connect and explain our society, culture, economy, successes and failures.

Revealing connections that are ingenious and unexpected, Eduardo Porter shows just how fundamental the price of things, work, happiness, faith, family and the future is - both to our everyday lives and to civilisation as we know it.


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The Price of Everything: The True Cost of Living + Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
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Product details

  • Paperback: 304 pages
  • Publisher: Windmill Books (1 Mar 2012)
  • Language: English
  • ISBN-10: 0099537354
  • ISBN-13: 978-0099537359
  • Product Dimensions: 12.9 x 1.9 x 19.8 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 386,976 in Books (See Top 100 in Books)

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Review

Enthralling ...Everyone could learn something from this wise and clever book. I did. (Tim Harford, Author Of Rise And The Undercover Economist )

Entertaining and enlightening' (Financial Times )

Clever, stylish and full of surprising insights - in other words, priceless (Sylvia Nasar, author of A Beautiful Mind )

'Full of interesting Freakonomicsy nuggets.' (Guardian )

Riveting... there is an interesting nugget on virtually every page (Tyler Cowen, author of Create Your Own Economy )

Book Description

A provocative examination of the role prices play in our lives.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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By markr TOP 500 REVIEWER
Format:Paperback|Amazon Verified Purchase
This is an interesting book about how prices reflect the choices we make in life, covering the values we place on our own lives and the lives of others, as well as the prices we pay for what we consume and own. There are many interesting anecdotes, in some ways similar in style to Freakonomics: A Rogue Economist Explores the Hidden Side of Everything, which enliven what is also really an account of the principles of economics for the general reader.

The book focuses mainly on the United States, but the relevance of the examples of how prices rise and fall is applicable anywhere. The author is clearly on the Keynesian side of the economic argument which argues that free markets do not always operate effectively without a role for government, and this becomes most clear in the final chapter which covers boom and bust cycles, with particular attention to the housing and banking crash of 2007/08

If you have read other accounts of economics of this type you are unlikely to find much that is new to you in this book, but it is an enjoyable and entertaining read.
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