Archive for September 3rd, 2010

Bob Shiller on confidence and the economy

Posted in Economy, Housing, housing bubble on September 3rd, 2010 by Paul Deng – Be the first to comment

Bob Shiller, economics professor at Yale University and a pioneer in behavior finance talks about the importance of confidence in economic recovery.  He thinks with lingering high unemployment, the national morale is sinking.

And we have to admit we simply do not know many things in the working of our economy.