Phishing for Phools (Record no. 9489)
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000 -LEADER | |
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fixed length control field | 02286nam a2200217 4500 |
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER | |
LC control number | 2015017179 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 9780691168319 |
024 ## - OTHER STANDARD IDENTIFIER | |
Standard number or code | 908084013 |
050 ## - LIBRARY OF CONGRESS CALL NUMBER | |
Classification number | DA965.T67 |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 330.01 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | George A. Akerlof |
245 1# - TITLE STATEMENT | |
Title | Phishing for Phools |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Princeton University Press |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 288 pages |
520 ## - SUMMARY, ETC. | |
Summary, etc. | 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 therefore strikes a radically new direction in economics, based on the intuitive idea that markets both give and take away. Akerlof and Shiller bring this idea to life through dozens of stories that show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. We are attracted, more than we know, by advertising. Our political system is distorted by money. We pay too much for gym memberships, cars, houses, and credit cards. Drug companies ingeniously market pharmaceuticals that do us little good, and sometimes are downright dangerous.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. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Government |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Politics |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Economics |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Robert J. Shiller |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Total checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
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Lake Chapala Society | Lake Chapala Society | 07/17/2024 | 330 AKER | 65336 | 07/17/2024 | 1 | 07/17/2024 | Book |