Knowingo
The cover of Phishing for Phools

Phishing for Phools

George A. Akerlof, Robert J. Shiller

Akerlof and Shiller show why competitive markets can reward manipulation, tracing the pattern through shopping, finance, politics, and health, and examining how people and institutions resist.

Get the app Read on the web

15 parts, about 25 minutes to read.

At a glance

Author
George A. Akerlof, Robert J. Shiller
Parts
15 parts
Reading time
about 25 minutes
The whole book
Also to read in full

What the summary covers

  1. Phishing for Phools1 min
  2. The Equilibrium2 min
  3. Temptation and Saving2 min
  4. Reputation and Financial Crisis2 min
  5. Stories for Sale2 min
  6. Cars, Homes, and Cards2 min
  7. Politics2 min
  8. Food and Medicine2 min
  9. Innovation and Its Uses1 min
  10. Tobacco and Alcohol2 min
  11. Bankruptcy for Profit1 min
  12. Junk Bonds and Contagion2 min
  13. The Resistance1 min
  14. Stories and Public Choices2 min
  15. What This Account Adds1 min

Read it alongside

  • Goes deeperFlash Boys

    Akerlof and Shiller argue that regulation can curb harm while leaving new openings. Lewis describes how a slow public quote feed under best price rules gave faster traders an exploitable advantage.

More books like this