In this video interactive, economist Robert Shiller discusses four aspects of the current crisis: regulating for financial innovation, reducing trust in models, redesigning institutions, and the time line for turnaround. His perspectives are informed in part through his research that psychology—particularly an understanding of human irrationality—can play a key role in explaining economic breakdowns and exploring effective solutions.Watch/read the interview
The latest by and about Dr. Robert J. Shiller, Nobel prize winner and author of Irrational Exuberance. Independent and unaffiliated.
Tuesday, April 14, 2009
Surveying the economic horizon: A conversation with Robert Shiller
From The McKinsey Quarterly:
Labels:
interview,
McKinsey Quarterly,
Robert Shiller,
Yale University
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