Surveying the economic horizon: A conversation with Robert Shiller


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…The noted economist explains and explores the downturn’s root causes—and possible ways forward 

 

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