The Undercover Economist Strikes Back
by Tim Harford
Macroeconomics explained in dialogue: recessions, inflation, unemployment, growth, with the babysitting co-op and the Phillips curve. Clear and funny.
Read it if…
you want macro without a textbook.
See the book →
Skip it if…
you want micro; see the first book.
Try instead: The Next Fifty Things That Made the Modern Economy →
Three things you will actually use
- Recessions are coordination failures.
- Inflation has trade-offs.
- Growth is the long game.
Do this first
Read the chapter on the babysitting co-op.
Our verdict
Harford on macro.
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