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. 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."
Historian Amanda Vickery uncovers the 300 year-long campaign by women for political and sex equality in Britain, revealing the largely forgotten heroines (and a few heroes) who fought for the cause. In this series, historian Amanda Vickery explores why, in the early 20th century, thousands of British women joined a violent militant organisation. In the struggle for women's political rights in Britain, the most iconic are the suffragettes - but for Vickery the story begins long before these Edwardian activists.