Last month’s award of the Nobel Price in economics set off a great deal of chortling because one of the three recipients, Eugene Fama, received the award for saying that markets are efficient at capital allocation and another, Robert Schiller, received the award for saying they are not.
Tag Archives: Robert Shiller
Shiller on Too Many People in Finance and Bank Regulation
I am glad Robert Shiller won a Nobel Prize in Economics. He works with and learns from data. He also has little patience for posturing.