The price of everything solving the mystery of why we pay what we do

This book starts with a simple premise: there is a price behind each choice that we make, whether we're deciding to have a baby, drive a car, or buy a book. We often fail to appreciate just how critical prices are as motivating forces shaping our lives, but their power becomes clear when distor...

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Main Author: Porter, Eduardo.
Format: Books Print Book
Language: English
Published: New York : Portfolio Penguin, c2011.
Subjects:
Summary: This book starts with a simple premise: there is a price behind each choice that we make, whether we're deciding to have a baby, drive a car, or buy a book. We often fail to appreciate just how critical prices are as motivating forces shaping our lives, but their power becomes clear when distorted prices steer our decisions the wrong way. Eduardo Porter takes us on a global economic adventure, from comparing the relative prices of a vote in corrupt São Tomé and in the ostensibly aboveboard United States to assessing the cost of happiness in Bhutan to deducing the dollar value we assign to human life. He weaves together the constant--and often unconscious--cost and value assessments we all make every day. While exploring the story behind the price of everything from marriage and death to mattresses and horsemeat, Porter draws unexpected connections that bridge a wide range of disciplines and cultures.--From publisher description.
Physical Description: viii, 296 p. ; 24 cm.
Bibliography: Includes bibliographical references and index.
ISBN: 9781591843627
1591843626
Author Notes: Eduardo Porter has been on the staff of The New York Times since January 2004, covering economics, and joined the paper's editorial board in July 2007. He began his journalism career in 1990 as a financial reporter for Notimex, the Mexican news agency, in Mexico City. He was a correspondent in Tokyo (1991-1992) and in London (1992-1996). In 1996, Porter was appointed editor of the Brazilian edition of América Economía , a business and economics magazine based in Sao Paulo. In 2000, he became senior special writer for The Wall Street Journal , based in Los Angeles, covering the Hispanic population in the United States. He is a graduate of the Universidad Nacional Autónoma de México. He has an MSc in quantum fields and fundamental forces from Imperial College of Science, Technology and Medicine in London.