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About the book
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. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Rather th...Show more
Book details
ISBN
9780691173023
Publisher
Princeton University Press
Published year
2016
Language
English
Original title
Phishing for Phools
Format
Paperback
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