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Klaus Naumann

Klaus Naumann

3 commentaries

Klaus Naumann served as Chief of Staff of the Bundeswehr, the German armed fources, from 1991 to 1996, and as Chairman of the NATO Military Committee from 1996 to 1999.

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  1. shiller128_Drew AngererGetty Images_NYSEUSstockmarket Drew Angerer/Getty Images

    Understanding the Pandemic Stock Market

    Robert J. Shiller

    The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.

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