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Irrational Exuberance
by Shiller, Robert J.
Revised and Expanded Third Edition |
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| The Nobel Prize-winning economist who warned of both the tech and housing bubbles now cautions that signs of irrational exuberance among investors have only increased since the 2008-9 financial crisis. With high stock and bond prices in the US, and rising housing prices in many countries, the post-subprime boom may yet be another illustration of Shiller's argument that psychologically driven volatility is an inherent characteristic of all asset markets. | | |
Published 20160816
by Princeton, Paperback, 392 Pages, ISBN: 9780691173122, ISBN-10: 0691173125, List Price $19.95.
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