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Robert J. Shiller.<br />
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London, 11/11/2015. Today, LSE presented a public lecture - part of the Department of Economics and Centre for Macroeconomics public lecture - called "Phishing for Phools: the economics of manipulation and deception" hosted by the author of the homonymous book (written with George A. Akerlof), Robert J. Shiller (American Nobel Laureate, economist, academic & author; he currently Sterling Professor of Economics at Yale University & he is a fellow at the Yale School of Management's International Center for Finance; he has been a research associate of the National Bureau of Economic Research, NBER, since 1980; he is ranked among the 100 most influential economists of the world; Eugene Fama, Lars Peter Hansen & Shiller jointly received the 2013 Nobel Memorial Prize in Economic Sciences, "for their empirical analysis of asset prices"). Chair of the event was Wouter Den Haan (Professor of Economics at LSE & Co-Director of the Centre for Macroeconomics). From the event online page: <<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. Robert Shiller delivers 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." This represents a radically new direction in economics, […] 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. […]>>. (http://bit.ly/1WVMGN7)<br />
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Here there is the link to podcast and video of the lecture: http://bit.ly/1j3cfZU
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Robert J. Shiller.

London, 11/11/2015. Today, LSE presented a public lecture - part of the Department of Economics and Centre for Macroeconomics public lecture - called "Phishing for Phools: the economics of manipulation and deception" hosted by the author of the homonymous book (written with George A. Akerlof), Robert J. Shiller (American Nobel Laureate, economist, academic & author; he currently Sterling Professor of Economics at Yale University & he is a...
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