Can a controlled experiment explain why people like Kewpie dolls in one year, Beanie Babies in another, and American Girl dolls this year? Yet social scientists are asked to answer analogous questions. We economists and perhaps psychologists shouldn't overreact to… — 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
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
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
News media stimulate bubbles, since stories about them boost their audience. — Robert J. Shiller Copy Share
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
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
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
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
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
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
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
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
A lot of people aren't saving enough. And incidentally, people are living longer now, and health care is improving. You might end up retired… — Robert J. Shiller Copy Share
I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow… — Robert J. Shiller Copy Share
My father, Benjamin Shiller, told me not to believe in authorities or celebrities - that society tends to imagine them as superhuman. It's good… — Robert J. Shiller Copy Share
