Phrase by 'Robert J. Shiller'
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We should not be focusing on quick solutions. The really important concern for policymakers everywhere is to prevent disasters - that is, the outlier events that matter the most.
Author: Robert J. Shiller - American EconomistImportant , Matter , Events , Quick
We judge economics by what it can produce. As such, economics is rather more like engineering than physics: more practical than spiritual.
Author: Robert J. Shiller - American EconomistJudge , Physics , Spiritual , Economics
Somehow, talking to young students brings you back to reality - it should, anyway.
Author: Robert J. Shiller - American EconomistYou , Back , Reality , Talking
My very first publication was an estimator - this was a statistical procedure - a kind of invention. My father got a patent and started a business; it wasn't successful, but maybe I have some of him in me.
Author: Robert J. Shiller - American EconomistMe , Father , Business , Some
Money management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can't.
Author: Robert J. Shiller - American EconomistPeople , Money , Management , Saying
Some of the best theorizing comes after collecting data because then you become aware of another reality.
Author: Robert J. Shiller - American EconomistYou , Best , Reality , Data
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