{"id":1209,"date":"2016-03-01T15:26:22","date_gmt":"2016-03-01T15:26:22","guid":{"rendered":"http:\/\/www.behaviouraleconomic.co.uk\/?page_id=1209"},"modified":"2018-02-09T11:39:31","modified_gmt":"2018-02-09T11:39:31","slug":"phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015","status":"publish","type":"page","link":"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015\/","title":{"rendered":"Phishing for Phools: The Economics of Manipulation and Deception &#8211; George A. Akerlof &#038; Robert J. Shiller (2015)"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignleft size-full wp-image-1210\" src=\"http:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2016\/03\/Phishing.jpg\" alt=\"Phishing\" width=\"229\" height=\"346\" data-id=\"1210\" srcset=\"https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2016\/03\/Phishing-99x150.jpg 99w, https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2016\/03\/Phishing-199x300.jpg 199w, https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2016\/03\/Phishing.jpg 229w\" sizes=\"(max-width: 229px) 100vw, 229px\" \/><\/p>\n<p><strong>From the publisher:<\/strong><\/p>\n<p>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 <i>Phishing for Phools<\/i>, 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 &#8220;phish&#8221; us as &#8220;phools.&#8221;<\/p>\n<p><strong><a href=\"http:\/\/www.amazon.co.uk\/gp\/product\/0691168318\/ref=as_li_tl?ie=UTF8&amp;camp=1634&amp;creative=19450&amp;creativeASIN=0691168318&amp;linkCode=as2&amp;tag=behaviorale0b-21\" rel=\"nofollow\">Buy on Amazon<\/a><img decoding=\"async\" style=\"border: none !important; margin: 0px !important;\" src=\"http:\/\/ir-uk.amazon-adsystem.com\/e\/ir?t=behaviorale0b-21&amp;l=as2&amp;o=2&amp;a=0691168318\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" \/><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the publisher: 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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":12,"menu_order":91,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"jetpack_post_was_ever_published":false,"footnotes":""},"coauthors":[],"class_list":["post-1209","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Phishing for Phools: The Economics of Manipulation and Deception - George A. Akerlof &amp; Robert J. Shiller (2015) - BehavioralEconomic.co.uk | The BE Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phishing for Phools: The Economics of Manipulation and Deception - George A. Akerlof &amp; Robert J. Shiller (2015) - BehavioralEconomic.co.uk | The BE Hub\" \/>\n<meta property=\"og:description\" content=\"From the publisher: 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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015\/\" \/>\n<meta property=\"og:site_name\" content=\"BehavioralEconomic.co.uk | The BE Hub\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/behavecondotcom\/\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-09T11:39:31+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2016\/03\/Phishing.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@behavecondotcom\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"BehavioralEconomic.co.uk\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015\/\",\"url\":\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/phishing-for-phools-the-economics-of-manipulation-and-deception-george-a-akerlof-robert-j-shiller-2015\/\",\"name\":\"Phishing for Phools: The Economics of Manipulation and Deception - George A. 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