Showing results for "The Deception" in Economics

What are you afraid of? The old rules: Play it safe. Stay in your comfort zone. Find an institution, a job, a set of rules to stick to. Keep your head down. Don’t fly too close to the sun. The new truth: It’s better to be sorry than safe. You need to fly higher than ever. In his...

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. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver 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.

Explore the hidden realities where justice and deception collide. Through real-world stories of corruption, coverups, and the manipulation of truth, this blog digs into how influence, control, and fear reshape our world. Uncover the impact of false allegations, baseless claims, and fabricated accusations as we delve into pharmaceutical scandals, whistleblower takedowns, and more. Join us to see beyond the surface of headlines and question the forces that seek to rewrite reality.

Learn how to read people and detect deception with a new deception tip each day! In only 30 seconds, you'll learn a sign of deception that you can use to spot liars and detect deceit.