As I write in 2012 we certainly do not believe that it is over yet, and the worst … - Robert J. Shiller

Same topic Authors

Quote of the day

For me, if somebody tells me to go away, that is an opportunity: for me to give the person a better life, to realize where not to be, and to see what could be even better than being with that person I love.

Robert J. Shiller

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 governments to solve the underlying problems responsible for the crisis have still not gotten very far, and the 'stress tests' that governments have used to encourage optimism about our financial institutions were of questionable thoroughness.

Believe, Efforts, Gotten, Governments, Stress, Writing

Same Author Quotes

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 stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.

Expectations, Focus, Fundamentals, Models, Pure, Stupidity

In the longer run and for wide-reaching issues, more creative solutions tend to come from imaginative interdisciplinary collaboration.

Creative, Interdisciplinary, Issues, Running

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 to assemble.

Assemble, Based, Challenge, Challenges, Data, People

The ability to focus attention on important things is a defining characteristic of intelligence.

Ability, Focus, Inspirational, Intelligence

Some of the best theorizing comes after collecting data because then you become aware of another reality.

Become, Collecting, Data, Reality