What would be better, that people build big houses thinking that they'll make capital gains or that they send their children to medical school and they do research on curing diseases? When you put it that way, it seems obvious.… — Robert J. Shiller Copy Share Image
In my first few years of elementary school at the Edison School in Detroit, I did poorly. I remember worrying that I might fail the second grade and be held back. — Robert J. Shiller Copy Share Image
This is an anxiety driven world - the whole world is driven by anxiety. It is anxiety about the aftermath of the global financial… — Robert J. Shiller Copy Share Image
The future is always coming up with surprises for us, and the best way to insulate yourself from these surprises is to diversify. — Robert J. Shiller Copy Share Image
Can a controlled experiment explain why people like Kewpie dolls in one year, Beanie Babies in another, and American Girl dolls this year? Yet… — Robert J. Shiller Copy Share Image
News media stimulate bubbles, since stories about them boost their audience. — Robert J. Shiller Copy Share Image
Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think… — Robert J. Shiller Copy Share Image
I want to know diverse facts about such things as galaxies or molecules or proteins or insect species. I have an impulse to want… — Robert J. Shiller Copy Share Image
When I see the Trump supporters on television explaining themselves, I don't get a feeling of supreme confidence. They've created a revolution, and now… — Robert J. Shiller Copy Share Image
I didn't vote for Trump. So we've got him. Let's hope for the best. He might do something good. — Robert J. Shiller Copy Share Image
Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by… — Robert J. Shiller Copy Share Image
Yes, horoscopes still persist in popular newspapers, but they are there only for the severely scientifically challenged, or for entertainment; the idea that the… — Robert J. Shiller Copy Share Image
Money management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can't. — Robert J. Shiller Copy Share Image
As far as I can find, almost no one in the profession - not even luminaries like John Maynard Keynes, Friedrich Hayek, or Irving… — Robert J. Shiller Copy Share Image
