Robert Shiller
A Nobel laureate known for his empirical analysis of asset prices and the volatility of financial markets.
Quotes by Robert Shiller
Behavioral economics shows that humans are not always rational actors.
Markets can be efficient in pricing information but irrational in sentiment.
The CAPE ratio tells us more about long-term returns than short-term hype.
Inequality is not just an economic issue; it's a social one that finance can address.
Stories drive economic cycles more than statistics alone.
In finance, fear and greed are the two great motivators.
The 2008 crisis taught us that regulation must evolve with innovation.
Philosophers have long pondered happiness; economists should too.
Volatility is not just risk; it's opportunity in disguise.
We need to humanize economics by understanding narratives.
The housing bubble was fueled by contagious optimism.
Finance should promote the good society, not just profits.
Economic history is full of forgotten narratives that shaped our world.
Rational expectations theory has its limits; emotions matter.
The stock market's long-term trend is up, but beware the manias.
In times of uncertainty, stories provide comfort and direction.
Behavioral finance bridges psychology and economics effectively.
We must reform finance to prevent future crises.
The power of popular narratives in economics cannot be overstated.
Happiness in economics comes from fair distribution, not just growth.