Sunday, 27 December 2015

Why Free Markets Make Fools of Us

Why Free Markets Make Fools of Us

George Akerlof and Robert Shiller believe that once we understand human psychology, we will be a lot less enthusiastic about free markets and a lot more worried about the harmful effects of competition. In their view, companies exploit human weaknesses not necessarily because they are malicious or venal, but because the market makes them do it. By Cass R. Sunstein. (Oct. 22)
Read more: http://ift.tt/1PromOb

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