If the world were in perfect order, there would be no reason to work to make it better. It’s precisely disorder that often stimulates us to come up with new ideas and creative ways of doing things, as Harford, author of The Undercover Economist, shows in his refreshingly counter-intuitive look at disarray and confusion. A […]
Economist Tim Harford explain the micro-economies of prison camps and babysitting coops. Even in these simple systems, problems manifest that have macroeconomic analogs. Harford’s latest book is The Undercover Economist Strikes Back.