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posted on 13 July 2017

Documentary Of The Week: Phishing For Phools

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Econintersect: Prof. Robert Shiller, Yale University, gave a presentation about the book released in 2015, Phishing for Phools, which he co-authored with George Ackerlof. The presentation, at the London School of Economics, shortly after the book was released, discusses how dishonesty, manipulation and deception play central roles in the economy. The assumptions of most economics theories ignore these pervasive components of how the world works.

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Robert Shiller shared the Nobel Prize in economics in 2013 and George Acherlof the same in 2001. Both were recognized for their separate contributions to behavioral economics.

Source: YouTube

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