4 de agosto de 2011

5 livros - escolha de Robert Shiller

Robert J Shiller is a professor of economics and finance at Yale, and a leading authority on speculative bubbles. He is the creator, along with Karl Case, of the Standard & Poor’s/Case-Shiller Home Price Indices. Widely credited with correctly predicting the housing bust, Shiller has also written a number of popular books, including Irrational Exuberance and Animal Spirits, co-authored with Nobel economics laureate George A Akerlof.

Yale economist Robert Shiller argues that rising inequality in the US was a major cause of the recent crisis, and little is being done to address it. He chooses books that give insight into human nature

You’ve chosen a fascinating topic, but quite a tough one to get one’s head around.

It’s been the subject of discourse for centuries – or even millennia – so it’s very hard to summarise.

If you did try to summarise it, what would you say you’re trying to get at with these book choices?

I think that our economic system reflects our understanding of humankind, and that understanding has been developing, with especial rapidity lately. You have to understand people first before you can understand how to devise an economic system for them. And I think our understanding of people has been accelerating over the last century, or even half-century.

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