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Phishing for Phools

The Economics of Manipulation and Deception

By George A. Akerlof and Robert J. Shiller
12-minute read
Audio available
Phishing for Phools: The Economics of Manipulation and Deception by George A. Akerlof and Robert J. Shiller

Phishing for Phools (2015) reveals the ways in which modern free-market systems, so often praised as the epitome of rational exchange, are fueled instead by willful deceit, with the goal of pushing you to act against your self-interest.

  • Economists or students examining free-market systems
  • Any consumer interested in how the market works
  • Socially-conscious business owners

Nobel laureate George A. Akerlof is an economist and professor at Georgetown University. He was awarded the Nobel Prize in economics in 2001.

Nobel laureate Robert J. Shiller is the Sterling professor of economics at Yale University. He was awarded the Nobel Prize in economics in 2013. Shiller is the author of the bestselling book, Irrational Exuberance.

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