Tim Harford

Tim Harford is a member of the Financial Times editorial board. His column, “The Undercover Economist”, which reveals the economic ideas behind everyday experiences, is published in the Financial Times and syndicated around the world. He is also the only economist in the world to run a problem page, “Dear Economist”, in which FT readers’ personal problems are answered tongue-in-cheek with the latest economic theory.--from the author's website

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Tim Harford
How frustration can make us more creative | Tim Harford
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Tim Harford
A powerful way to unleash your natural creativity | Tim Harford
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Tim Harford
553- Cautionary Tales of the Sydney Opera House
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Shubhankar Zingrehar citeretsidste år

The nice margin that Starbucks makes on their cappuccinos is due neither to the quality of the coffee nor to the staff: it’s location, location, location.

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Shubhankar Zingrehar citeretsidste år

The answer is that improved public transportation increases the alternatives to renting a place in the city. When a two-hour commute becomes a one-hour commute, and people are able to get a seat on the train instead of standing, some decide they’d rather save money and move out of Manhattan. Vacant apartments then appear on the market. Scarcity lessens, and rents fall. Improving commuter services wouldn’t just affect commuters; it would affect everyone involved in New York’s property market.

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