Saturday, December 03, 2005
Undercover Economist on C-Span tonight
Tim Harford of the World Bank Blog and author of the fabulous new book, The Undercover Economist, will be on Book TV tonight (Dec 3) at 10:30 pm. Harford will be joined on air by Tyler Cowen of Marginal Revolution and Sebastian Mallaby. Here is a brief description of the show as posted on Book TV.
Tim Harford, Robert Hahn, and Tyler Cowen discuss Mr. Harford’s new book, “The Undercover Economist.” Using examples from his travels in Africa, Europe and Asia, Harford argues that the impact supermarkets, coffee chains, and mega-corporations have on the average consumer is helping to increase the gap between the poor and upper classes. Mr. Harford also touches on the economic concepts of scarce resources, market power, efficiency, price gouging, and game theory to explain the economic impact of day-to-day events like grocery shopping.Promises to be fun.