Robert J. Shiller Quotes
- Economics is (now) about emotion and psychology.
- Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure…
- It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge…
- I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.
- As I write in 2012 we certainly do not believe that it is over yet, and the worst may be yet to come. Efforts by…
- The ability to focus attention on important things is a defining characteristic of intelligence.
- Somehow, talking to young students brings you back to reality - it should, anyway.
- Some of the best theorizing comes after collecting data because then you become aware of another reality.