The Traveling Economist
Subtitle: Using Economics to Think about What Makes Us All So Different and the Same
By: Todd A. Knoop
Edition: 1st ed.
Publisher: Praeger
Published: 2023
Place of publication: Westport, CT
Language: eng
Number of pages: 352
ISBN-13: 9798216027416
Subjects: Economics
Description: This fascinating book introduces travelers-of the body or the mind-to a few simple economic concepts that will help them to think differently and more deeply about the differences between the people and the places they visit during their journeys.  The principles and mechanics of economics are firmly rooted in everything around us, in our home country as well as in every nation and culture around the world. Having a basic grasp of economics can help all travelers to think more carefully about why things work differently in different places. Armed with this knowledge, readers will be equipped to better appreciate-and learn from-the beauty and complexity of the world around us.  The Traveling Economist: Using Economics to Think about What Makes Us All So Different and the Same illustrates important economic concepts that every traveler and world citizen should understand. Employing clear, jargon-free explanations and illustrated with real-life examples, Knoop uniquely focuses on the interplay between travel and economics. He uses our shared travel experiences to illustrate exactly how economic thinking supplies such a powerful framework for understanding the world around us. More than simply explaining economics through travel experiences, this book enables adventurers who desperately want to avoid being tourists-i.e., people who travel to see what they know is there-to become explorers: those who learn each and every day from what they witness.
Table of contents: title: Preface Chapter 1 Why Do the Haves Have and the Have-nots Have Less? Chapter 2 Why Are Drivers in Other Countries So Much Worse Than Back Home? Chapter 3 Why Are There More Workers Than Patrons at This Coffee House? The Tradeoff between Capital and Labor Chapter 4 50 Billion dollars to Ride the Bus!?! How Governments Can Kill Growth or Help It to Thrive Chapter 5 Nothing Needs Reform as Much as Other People: Culture and Economics Chapter 6 What's a Landline? Technological Diffusion around the World Chapter 7 Best Price for You! The Economics of Haggling Chapter 8 I Think That I Shall Never See Any Economics as Lovely as a Tree: Nature and Economics Chapter 9 Who Owns the Space Behind My Seat? Traveling Economics Chapter 10 Coming Home Notes Bibliography Index