0 of 3 people found the following review helpful
Not bad for £10, bit short, very inconclusive.,
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This review is from: The Undercover Economist Strikes Back: How to Run or Ruin an Economy (Kindle Edition)
Not as good as the original book, but I guess its worth a read for £10.
Word of warning, there is no graphs or pie charts etc. The book is composed of just questions and answers.
I didn't really learn much from this book to be honest. Also there isn't much of a conclusion, also the book essentially skips the difficult economic problems of the future when robots might compete with humans for jobs. That said there is one or two very interesting chapters. There is a great chapter on happiness economics, and some valid points are made about how difficult it is to measure "happiness" and "inequality". However I personally felt the book was a bit short.
In conclusion, for those that are studying economics at A-Level or Degree Level or have a general interest in the subject of macroeconomics the book is probably worth a read, some chapters are very good, and some not so good. The chapters on inequality and happiness are probably the most interesting, several chapters get bogged down in Classical economics vs. Keynesian economics which is kind of interesting but inconclusive. There is also a few interesting pages on why Spain has high unemployment, its apparently linked to complex Spanish employment law, that requires older workers to be paid huge amounts of redundancy pay...
Also it would have been nice to maybe have a chapter at the end where Tim Harford maybe suggests how the UK or USA should go about fixing their economies?
In all its not bad, probably worth a read.