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Robert Shiller - How Human Psychology Drives the Economy

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Daniel Finkelstein, comment editor, The Times joins acclaimed economist Robert Shiller who argues for an active government role in economic policymaking by recovering Keynes idea of animal spirits.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: theRSAorg

Length: 26:23
Rating: 4.8461537
Views: 5557

Tags: rsa  the rsa  royal society of arts  Robert Shiller  psychology  economy  Keynes  policy  government  

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Video Comments

WikiversityDiaspora (November 30, 1999 at 12:00 am)
I am an admirer of Prof. Shiller and I work out experimental test of his theories to design new financial products for the poor.
scottvska (November 30, 1999 at 12:00 am)
5:08 I'd like to hear Shiller explain why entrepreneurs believed that the economy was doing poorly. Why didn't the majority of businessmen believe that the economy was doing poorly in 1925? Entrepreneurs need some stimulus to believe that the economy is sound. If businesses are going bankrupt and people are getting laid off, it might be foolish to make investment purchases.
Ry26100 (November 30, 1999 at 12:00 am)
Professor Shiller is great. His book, Animal Spirits, which he wrote with Akerlof is a great read. Extremely interesting and enlightening. Would recommend it to anyone.
MegaAnand13 (November 30, 1999 at 12:00 am)
Prof. Shiller hat die Volkswirtschaftslehre sehr stark weiterentwickelt. Es muss ein riesen Privileg sein, bei ihm als Student studieren zu können. Er ist aber nicht nur ein toller Wissenschaftler. er ist auch ein sehr angenehmer Mensch nach meinem Eindruck. Ich hoffe wir werden noch viele Videos von ihm sehen können.
TonyUnplugged (November 30, 1999 at 12:00 am)
Check out Socionomics net and ElliotWave com. Bob Prechter has been studying and writing books about Socionomics for several decades.

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