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If you're enjoying the recent trend of "pop-econ" books such as Freakanomics, you should certainly pick up a copy of Tim Harford's The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor -- and Why You Can Never Buy a Decent Used Car! You will also want to check out Harford's column in the Financial Times, which is available online. By looking at divisive political issues from the perspective of an economist, Harford provides that rare bit of objective insight into the problems we face.
For example, in the latest column, he makes an argument for a regressive tax structure and for a special tax on middle-aged people. Sound crazy? I thought so too, but his argument actually makes a lot of sense. He also integrates great economics vocabulary into his arguments, talking about the idea of a "dead-weight loss" and how an efficient tax-structure avoids that.
This week's column is another thought-provoking piece from Tim Harford, and I would strongly advise our readers to check it out every week. along with Harford's Dear Economist column.
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