Tags » George Akerlof

The Economics of Deception and Manipulation

I recently finished George Akerlof and Robert Shiller’s latest book Phishing For Phools. While I also enjoyed their earlier book Animal Spirits I have to say that… 1,148 more words

Behavioural Economics

Economics #1: Information Asymmetry

Imagine you’re in the market for a new car. The used car you purchased last year is still fresh in your mind – it broke down every other day – so you decide to buy new. 1,006 more words

Economics