Opportunity costs, the first in a continuing series

I have thoroughly enjoyed the opportunity to read Hamish McRae’s What Works, a series of case studies of successful businesses, organisations, institutions, cities, and policies. It’s very wide ranging and I suspect McRae may already be regretting the inclusion of Dubai, but in fairness each case study includes a sober reflection on “what could go wrong”. There is a lovely balance of reporting and analysis here.

As a result, I have not had time to read much of Phil Villarreal’s Secrets of a Stingy Scoundrel. Basically a humorous collection of ways to cheat others or save money; often in poor taste, but inventive.

The Undercover Economist: a guide

Publishing schedule: Excerpts from "The Undercover Economist" and "Dear Economist", Tim's weekly columns for the FT Magazine, are published on this blog on Saturday mornings.
More about Tim: Tim also writes editorials for the FT, presents Radio 4's More or Less and is the author of "The Undercover Economist" and "The Logic of Life".
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