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G. Akerlof

Phishing for Phools : The Economics of Manipulation and Deception

Autor: Kolektiv autorů - Akerlof, G.,Shiller, R.

publisher: John Wiley and Sons Ltd

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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

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