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Robert J. Shiller

Robert J. Shiller
Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University.

Recent blog posts

  • Parallels to 1937
    The depression that followed the stock-market crash of 1929 took a turn for the worse eight years later, and recovery came only with the enormous economic stimulus provided by World War II, a conflict that cost more than 60 million lives. The current world situation is not nearly so dire, but there are parallels, particularly to 1937.
  • Booming Until it Hurts?
    In recent months, concern has intensified among the world’s financial experts and news media that overheated asset markets – real estate, equities, and long-term bonds – could lead to a major correction and another economic crisis.
  • Is Economics a Science?
    I am one of the winners of this year’s Nobel Memorial Prize in Economic Sciences, which makes me acutely aware of criticism of the prize by those who claim that economics – unlike chemistry, physics, or medicine, for which Nobel Prizes are also awarded – is not a science. Are they right?

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