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Quote by Tim Harford

“We still don't have a good word to describe what is missing in Cameroon, indeed in poor countries across the world. But we are starting to understand what it is. Some people call it 'social capital, or maybe 'trust'. Others call it 'the rule of law', or 'institutions'. But these are just labels. The problem is that Cameroon, like other poor countries, is a topsy-turvy world in which it's in most people's interest to take action that directly or indirectly damages everyone else.”

Quote by Tim Harford

Book:The Undercover Economist
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The Undercover Economist

In this engaging book, the author delves into the world of economics, revealing its influence on various aspects of daily life. Through a series of thought-provoking anecdotes and analyses, the reader gains a deeper understanding of economic principles and their real-world applications. more

Author

Tim Harford
Tim Harford

Tim Harford is a British economist known for his writings on economics, decision-making, and complexity. His work is characterized by its ability to explain complex economic concepts in an accessible way and emphasize the role of uncertainty in decision-making processes. more

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