Robert J. Shiller Libros

En esta edición revisada, actualizada y ampliada de su bestseller del New York Times, el economista ganador del Premio Nobel Robert Shiller, que ya advirtió de la burbuja tecnológica y de la de la vivienda, ahora nos alerta de que los signos de la exuberancia irracional de los inversores no han hecho más que aumentar desde la crisis financiera de 2008-2009. Con los precios de las acciones y los bonos disparados en Estados Unidos y el incremento del precio de la vivienda en muchos países, el boom post-subprime bien puede llegar a convertirse una demostración más del argumento de Shiller sobre la volatilidad impulsada por los vaivenes psicológicos inherente a todos los mercados activos

Focusing on the inadequacy of current financial markets, Robert Shiller proposes innovative solutions to address significant economic risks that impact society. He suggests creating new international markets for claims on national incomes and real estate, which could help mitigate the effects of global economic fluctuations and reduce wealth inequality. By tackling technical challenges related to measurement and settlement, Shiller argues that these new markets could surpass traditional stock markets in significance and activity, offering a transformative approach to economic risk management.

Robert J. Shiller blickt hinter die Fassaden lieb gewonnener Vorstellungen und bestätigt all jene, die die Euphorie an den Börsen der Welt mit wachsendem Unbehagen verfolgen.

The author argues that investor euphoria and discouragement can cause extreme fluctuations in the stock, bond, and housing markets and presents advice for investors on protecting themselves from future bubbles.

Examines the impact of a rapidly evolving global economy on the twenty-first century financial world and presents six fundamental principles for using information technology and advanced financial theory to hedge risk.

Akerlof and Shiller argue that economics has long overlooked the non-rational factors, or "Animal Spirits," influencing human behavior. They emphasize the need to consider human behavior in economic theory rather than relying solely on market faith. This book presents their research and outlines a vision for future economic thinking and action.

From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life—such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today.

Argues that finance should be defined not merely as the manipulation of money or the management of risk but as the stewardship of society's assets, and that new ways to rechannel financial creativity to benefit society as a whole are needed.

The reputation of the financial industry could hardly be worse than it is today in the painful aftermath of the 2008 financial crisis. In this book, the author argues that, rather than condemning finance, we need to reclaim it for the common good. It shows how society can once again harness the power of finance for the greater good.