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Robert J. Shiller

Robert J. Shiller

131 commentaries
1 videos & podcasts

Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University and Co-creator of the Case-Shiller Index of US house prices. He is the author of Irrational ExuberancePhishing for Phools: The Economics of Manipulation and Deception (with George Akerlof), and Narrative Economics: How Stories Go Viral and Drive Major Economic Events.

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  1. The AI Age Requires Inequality Insurance
    iayres1_arhui1979Getty Images_wealthinequality arhui1979/Getty Images

    The AI Age Requires Inequality Insurance

    Dec 27, 2023 Ian Ayres, et al. propose automatically increasing tax rates for the top 1% to mitigate the impact of automation on workers.

  2. Should You Buy a Home in the US?
    shiller130_Jeffrey GreenbergUniversal Images Group via Getty Images_house market Jeffrey GreenbergUniversal Images Group via Getty Images

    Should You Buy a Home in the US?

    Oct 25, 2021 Robert J. Shiller emphasizes the importance of long-term thinking in today’s elevated housing market.

  3. Making Sense of Sky-High Stock Prices
    shiller129_bluebay2014_getty Images_economics arrow bluebay2014_Getty Images

    Making Sense of Sky-High Stock Prices

    Nov 30, 2020 Robert J. Shiller, et al. explain why soaring equity valuations in five world regions may not be as absurd as many people think.

  4. Understanding the Pandemic Stock Market
    shiller128_Drew AngererGetty Images_NYSEUSstockmarket Drew Angerer/Getty Images

    Understanding the Pandemic Stock Market

    Jul 7, 2020 Robert J. Shiller explains why US equity prices remain afloat when cratering demand is dragging down investment and employment.

  5. The Two Pandemics
    shiller127_Artit AungpraphapornchaiGetty Images_coronavirusgraphrecession Artit Aungpraphapornchai/Getty Images

    The Two Pandemics

    Mar 31, 2020 Robert J. Shiller shows how the financial contagion triggered by the COVID-19 crisis has taken on a life of its own.

  1. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images

    Crunch Time for the Power Sector

    Michael Spence

    Making the power sector fit for the twenty-first century requires a “banker” that finances and coordinates relevant long-term investments, and an “architect” that guides the development of a complex, interconnected smart-grid system. National governments need to fill both roles.

    argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  2. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway

    A growing body of literature focusing on the domain between the microeconomic and the macroeconomic has become increasingly relevant in a world beset by supply shocks. Armed with such insights, those designing industrial policies will have a better chance of achieving their overlapping economic- and national-security goals.

    details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  3. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images

    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  4. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images

    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  5. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  6. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    Defining Success in Ukraine

    Richard Haass calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  7. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images

    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.
  8. khrushcheva180_ContributorGetty Images_shoiguputin Contributor/Getty Images

    Russia’s Battle of the Ministries

    Nina L. Khrushcheva sees a high-ranking official's recent arrest as a sign of declining confidence in Vladimir Putin's leadership.
  9. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images

    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.

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