” Money management has been a profession involving a lot of fakery – people saying they can beat the market, and they really can’t. “


” A lot of people aren’t saving enough. And incidentally, people are living longer now, and health care is improving. You might end up retired for 30 years – people are not really preparing for that. “


” Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe – I think that’s a mistake. “


” 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. “


” 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. “


” Hesitation is often like procrastination. One may have vague doubts and feel a need to mull things over, meanwhile, other issues intrude on thought, and no decision is taken. Ask people why they procrastinate, and you probably won’t get a crisp answer. “


” 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. “


” I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow for people to avoid being exposed to inflation risk. “


” That’s the world we live in: when it comes to economics, people have emotions, it’s not like chemistry or physics. “



All 9 Robert J. Shiller Quotes about People in picture


Money management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can
A lot of people aren
Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that
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.
In a perfect world, people don
Hesitation is often like procrastination. One may have vague doubts and feel a need to mull things over, meanwhile, other issues intrude on thought, and no decision is taken. Ask people why they procrastinate, and you probably won
I think that a lot of people in all walks of life have the impression, of course, that,
I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow for people to avoid being exposed to inflation risk.
That

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