10 Quotes by Robert Shiller

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.

... confidence, fairness, corruption, money illusion, and stories. These are real motivations for real people. They are ubiquitous. The presumption of mainstream macroeconomics that they have no important role strikes us as absurd.

Little will be done to stop these things if public figures consider themselves beholden to some overarching efficient markets principle and do not even recognize over-speculation as a real phenomenon.

We are in the biggest real-estate boom we've ever seen. Something is going to happen to end this.

Transferring the risk of drought to international financiers makes sense for insurance companies, because it enables them to expand their portfolios.

the worldwide real estate bubble and its aftermath.

The theme is absolutely important. We don't realize how much of our lives are absolutely random.

The thing to do is increase the budget of the National Science Foundation.

It's very hard to forecast turning points, ... glamour cities.