Friday, April 18, 2014

Robert J. Shiller

Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University and the co-creator of the Case-Shiller Index of US house prices. He is the author of Irrational Exuberance, the second edition of which predicted the coming collapse of the real-estate bubble, and, most recently, Finance and the Good Society.

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Newsart for Bubbles Forever
Business & Finance 18

Bubbles Forever

In 2006, the largest global real-estate bubble in history imploded, and the collapse of a major worldwide stock-market bubble a year later triggered the global financial crisis. Although one might… read more

Newsart for Austerity and Demoralization
Economics 15

Austerity and Demoralization

Austerity, according to some of its promoters, is supposed to improve morale. But the kind of fiscal austerity that is being practiced now has the immediate effect of rendering people jobless and… read more

Newsart for Debt-Friendly Stimulus
Business & Finance 26

Debt-Friendly Stimulus

With much of the global economy apparently trapped in a long and painful austerity-induced slump, it is time to admit that the trap is entirely of our own making. We have constructed it from… read more

Newsart for A Metaphor for Obama
Business & Finance 11

A Metaphor for Obama

As Barack Obama begins his second presidential term, he needs a simple way to express his vision and policies for the US economy – a metaphor around which support for his policies might crystallize,… read more

Newsart for A Man Without a Plan
World Affairs 13

A Man Without a Plan

During the US presidential campaign, Mitt Romney accused Barack Obama of having no "plan to get the economy going.” But Romney had no such plan, either, and the electorate was wise to resist the… read more

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