92 Quotes by Robert J. Shiller
- Author Robert J. Shiller
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I think that a lot of people in all walks of life have the impression, of course, that, 'I specialize in something. I can't - I don't have the time to read other things. I'll just go to pure entertainment when I'm relaxing, and then I'll come back to my pure specialty.' That produces - that attitude produces idiot savants, unfortunately.
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- Author Robert J. Shiller
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Fifty years ago or a hundred years ago, generally, most people would buy a house the way you buy a car. When you buy a car, do you think, 'I better buy this year rather than next year because car prices might go up?'
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- Author Robert J. Shiller
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Manufacturers of food try to get the optimal ratio to tap into your impulsivity. They don't care about your health.
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- Author Robert J. Shiller
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Trump has never been clear and consistent about what he will do as president.
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- Author Robert J. Shiller
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I didn't vote for Trump. So we've got him. Let's hope for the best. He might do something good.
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- Author Robert J. Shiller
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All taxes, except a 'lump-sum tax,' introduce distortions in the economy. But no government can impose a lump-sum tax - the same amount for everyone regardless of their income or expenditures - because it would fall heaviest on those with less income, and it would grind the poor, who might be unable to pay it at all.
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- Author Robert J. Shiller
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A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted toward wage insurance, to help people replaced by new technology make the transition to a different career.
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- Author Robert J. Shiller
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In a perfect world, people don't have to move to another country to get a higher wage. Ultimately, they need only be able to participate in producing output that is sold internationally.
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- Author Robert J. Shiller
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People who stay unemployed for a long time start to look like damaged goods, and they don't get such good offers. Also, they're not learning anything. Most learning is on-the-job learning.
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