Phishing for Phools

Name: Phishing for Phools
Brand: Princeton University Press
SKU: 9780691173023
Price: 65.17 PLN
Availability: InStock

Autor: George A. Akerlof, Robert J. Shiller

Język:

Oprawa: Miękka

Wydawca: Princeton University Press

Dostępność: Dostępna u dostawcy

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65.17 zł

Ever since Adam Smith, the central teaching of economics has been that free markets provide us with...

Informacje o książce

Autor

George A. Akerlof, Robert J. Shiller

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2016

strony

288

EAN

9780691173023

ISBN

9780691173023

Enbook ID

01018511

Wydawca

Princeton University Press

Waga

364

Wymiary

135 x 204 x 24

Pełny opis

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 than being essentially benign and always creating the greater good, markets are inherently filled with tricks and traps and will "phish" us as "phools." Phishing for Phools explores the central role of manipulation and deception in fascinating detail in each of these areas and many more. It thereby explains a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation. At the same time, the book tells stories of individuals who have stood against economic trickery--and how it can be reduced through greater knowledge, reform, and regulation.

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