5 ms·
I strongly recommend "The Undercover Economist" written by Tim Harford, A Financial Times columnist with a BS and MS Economics from Oxford. It is fun to read a
by davidf18 10y ago
I strongly recommend "The Undercover Economist" written by Tim Harford, A Financial Times columnist with a BS and MS Economics from Oxford. It is fun to read and focuses on microeconomics (market inefficiencies, market failures). He has a chapter dedicated to the failing economy of Cameroon which he visited and the growing economy of China.
https://www.amazon.com/dp/0199926514/ https://www.amazon.com/dp/0199926514/
Harford also as a book on macroeconomics, "The Undercover Economist Strikes Back"
https://www.amazon.com/dp/159463291X/ https://www.amazon.com/dp/159463291X/
Harvard Economist Eduard Glaeser is an expert on cities and he will help to explain (as does Harford) that the reason for the high cost of housing in NYC, London, SF, SD, LA, DC, Boston, and other cities is because of "economic rents" which is a market inefficiency that in this case uses politics to create artificial scarcity in housing through zoning density restrictions. These economics rents benefit landlords by transferring wealth from apartment renter to landlord.
Glaeser: Build Big Bill:
http://www.nydailynews.com/opinion/build-big-bill-article-1.1913739 http://www.nydailynews.com/opinion/build-big-bill-article-1....
Glaeser book: "Triumph of the City"
https://www.amazon.com/dp/0143120549/ https://www.amazon.com/dp/0143120549/