Nowadays people know the price of everything and the value of nothing.A" Credit has crunched, debt has turned toxic, the gears of the world economy have ground to a halt.It's now clear that the market doesn't only get it wrong about sub-prime mortgages, it gets it wrong about everything.We need to ask again one of the most fundamental questions a society ever addresses, and one to which very few people know or understand the answer: why do things cost what they do?Radical, original, nimbly argued, The Value of Nothing uses some fundamental but forgotten economics and some cutting edge neuroeconomics to show how the price we pay for everything from food, to handbags, to fridges, to entertainment, is systematically distorted. After reading this book, the question 'How much?' will never just be about the price on the sticker.
- ISBN10 1846272971
- ISBN13 9781846272974
- Publish Date 18 February 2010 (first published 30 November 2009)
- Publish Status Active
- Publish Country GB
- Publisher Granta Books
- Imprint Portobello Books Ltd
- Format eBook
- Language English