Phishing for Phools: The Economics of Manipulation and Deception

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Akerlof, George A., and Robert J. Shiller. 2015. Phishing for Phools: The Economics of Manipulation and Deception. Princeton University Press.


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Robert J. Shiller on Competition, Deception and Rent-Seeking [More...]
An interview with an author of "Phishing for Phools". "[Competitive markets] also create an economic equilibrium that is highly suitable for economic enterprises that manipulate or distort our judgment, using business practices that are analogous to biological cancers that make their home in the normal equilibrium of the human body."


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