Phishing for Phools the Economics of Manipulation and Deception
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Sprache:Englisch
21,99 €
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Beschreibung
Produktdetails
Einband
Taschenbuch
Erscheinungsdatum
01.08.2016
Verlag
Princeton Univers. PressSeitenzahl
288
Maße (L/B/H)
20,3/13,1/2,7 cm
Gewicht
308 g
Sprache
Englisch
ISBN
978-0-691-17302-3
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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Novell trophy
Bewertung aus Halle am 29.03.2018
Bewertungsnummer: 1093680
Bewertet: Buch (Taschenbuch)
The book is very simple to real. In good and real stories the writers tell about the capitalism market and explain why it is so easy on the free market phishing for fools. Both writers gets the Novell trophy for right.
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