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Phishing for Phools (Record no. 9489)

MARC details
000 -LEADER
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
Holdings
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
        Lake Chapala Society Lake Chapala Society 07/17/2024   330 AKER 65336 07/17/2024 1 07/17/2024 Book

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