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Phishing for Phools: The Economics of Manipulation and Deception
by Akerlof, George A. & Robert J. Shiller
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| Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. Two Nobel Prize-winning economists here deliver a fundamental challenge to this insight, arguing that as long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and ignorance through manipulation and deceit. | | |
Published 20160816
by Princeton, Paperback, 288 Pages, ISBN: 9780691173023, ISBN-10: 0691173028, List Price $16.95.
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