Finally! the recognition I deserve.

I was browsing through Fopp’s last weekend, and I saw Tim Harford’s ‘Dear Undercover Economist’ book, which is a compilation of the very best and interesting letters sent to him and his replies to them in line of his duty as a Financial Times columnist. Tim Harford has also written ‘The Undercover Economist’ and ‘The Logic of Life’, which I really enjoyed.

Since it was only £2 (RRP £12 I think) I snapped it up. Reading it at home I came across MY letter to him revolving around the “Prisoner’s Dilemma”.

My letter was published!!

Go to page 64 and you’ll see it.

I’m reading Richard Dawkins’ ‘The Blind Watchmaker’ at the moment, also purchased from Fopp but at a much dearer £9. It is really gripping, and I marvel at how to DNA we are just “methods of propagation”.


Taking money from the poor

In his article on micro-credit, the Undercover Economist Tim Harford asks “Does no-one want to take money from the poor?”

An interesting quote:

The trouble with living on two dollars a day is that you don’t actually get two dollars a day. One day you might get five, then nothing for the next three days. Income is unpredictable. Outgoings, too, are irregular. Emergencies crop up. Under the circumstances, the most basic financial product, such as an easy-access savings account, would be invaluable.

Obvious perhaps, but something I had never given thought to.