A wide-ranging, informed and thoroughly enjoyable tour of the frontiers of economics. Anyone who wants to find out what economists actually do should grab a copy at once. (Tim Harford, Financial Times columnist and author of The Logic of Life and The Undercover Economist
is a very readable and timely collection by two of Europe's best economic journalists, covering topics that range from the nature of happiness to the origins of the current financial crisis. Each chapter seamlessly blends field research in the Freakonomics tradition with laboratory research, and entertains while it enlightens. (Daniel Friedman, Professor of Economics, US Santa Cruz and author of Moral and Markets
The nature of economic research has changed drastically over the last years, revoking the mantra of rationality, exploring creative new data sources, and venturig into topics far from the classical bundle of themes. This book provides a very entertaining and insightful overview of where modern economic stands today. (Ulrike Malmendier, Associate Professor of Economics, University of California, Berkeley
The book is very accessible, yet precise and balanced in its account of what economics can teach us about the real world. (Dirk Krueger, Ph.D., Professor and Director of Graduate Studies, Department of Economics, University of Pennsylvania
About the Author
Norbert Häring is Handelsblatt correspondent in Frankfurt, Germany. He has worked as a business cycle analyst with Commerzbank and as a correspondent for Boersen Zeitung and Financial Times Deutschland. Olaf Storbeck is Economics editor with Handelsblatt and is responsible for the weekly economics section.