The True Cost of Living
A provocative examination of the role prices play in our lives.
Why is a life saved from a terrorist attack worth two saved from a natural disaster? Why are women more valuable than ever? Why do Americans tip when Europeans don't? And how can orange juice be used to predict the weather?
The Price of Everything starts with a simple premise: behind every decision we make lies a price, whether we're buying a cup of coffee, taking a new job, or deciding to become a parent. Prices are the invisible thread that connect and explain our society, culture, economy, successes and failures.
Revealing connections that are ingenious and unexpected, Eduardo Porter shows just how fundamental the price of things, work, happiness, faith, family and the future is - both to our everyday lives and to civilisation as we know it.
“Enthralling ...Everyone could learn something from this wise and clever book. I did.”
TIM HARFORD, author of RISE and THE UNDERCOVER ECONOMIST
“Entertaining and enlightening'”
“Clever, stylish and full of surprising insights - in other words, priceless”
Sylvia Nasar, author of A Beautiful Mind
“'Full of interesting Freakonomicsy nuggets.'”
“Riveting... there is an interesting nugget on virtually every page”
Tyler Cowen, author of Create Your Own Economy