The undercover economist (Little, Brown Book Group)

Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station$359 Why is it impossible to get a foot on the property ladder$360 How does the Mafia make money from laundries when street gangs pushing drugs don't$361 Who really benefits from immigration$362 How can China, in just fifty years, go from the world's worst famine to one of the greatest economic revolutions of all time, lifting a million people out of poverty a month$363 Looking at familiar situations in unfamiliar ways, THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy, illuminated aby examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges.

Leaving behind textbook jargon and equations, Tim Harford will reveal the games of signals and negotiations, contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make.