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robertogreco : robertshiller   1

Robert Shiller, Real-estate Bubble, The Subprime Solution » knackeredhack
"One interesting point he makes is that some people, lacking the means to offset their socio-economic risks, may become far too cautious in their choice of employment, thus depriving society of their more creative endeavour." "there is a strong moral imperative running through Shiller’s advocacy, no doubt reflecting the increasing severity of the social consequences that can compound very quickly if the policy response is half-baked." "Shiller describes Chile as the most inflation-sensitive population in the world."
robertshiller  housingbubble  subprime  markets  society  psychology  books  chile  uf  unidaddefomento  economics  behavior  risktaking  riskassessment  risk 
august 2008 by robertogreco

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