Phishing for Phools

[artringwald]

This is a new book by two Nobel prize winning economists. Here's an interview with Schiller.

http://apnews.myway.com//article/20151030/us--economics_of_vice-shiller_qa-766479c747.html

It's no secret we do things we know we shouldn't. We overeat, gamble away our savings and live like tomorrow will never come. One reason, two Nobel laureates argue, is that there are plenty of businesses happy to lead us astray.

Remind you of any industry in particular?

 

[isisdave]

Yes, but wouldn't all just die of boredom if there were no race cars, hang gliders, timeshares, ice cream, alcohol, and bacon?

 

[artringwald]

Yes, but wouldn't all just die of boredom if there were no race cars, hang gliders, timeshares, ice cream, alcohol, and bacon?

Don't mess with my bacon!