George A. Akerlof, Robert J. Shiller

Phishing for Phools

The Economics of Manipulation and Deception

• Broschiertes Buch

Produktbeschreibung

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

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Produktdetails

• Verlag: Princeton University Press
• Seitenzahl: 288
• Erscheinungstermin: August 2016
• Englisch
• Abmessung: 203mm x 131mm x 27mm
• Gewicht: 255g
• ISBN-13: 9780691173023
• ISBN-10: 0691173028
• Artikelnr.: 44678898

Autorenporträt

George A. Akerlof is University Professor at Georgetown University and the winner of the 2001 Nobel Prize. Robert J. Shiller is Sterling Professor of Economics at Yale University, the winner of the 2013 Nobel Prize in economics, and the author of the New York Times bestseller Irrational Exuberance (Princeton). Akerlof and Shiller are also the authors of Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (Princeton).

Rezensionen

"[Akerlof and Shiller] want to go far beyond behavioral economics, at least in its current form. They offer a much more general, and quite damning, account of why free markets and competition cause serious problems. . . . They are intellectual renegades. . . . Akerlof and Shiller make a convincing argument that phishing occurs because of the operation of the invisible hand, not in spite of it. . . . [This] extraordinary book tells us something true, and profoundly important, about the operation of the invisible hand."--Cass Sunstein, New York Review of Books