Latest Robert J. Shiller Quotes from Interviews

• Life's meaning heavily benefits from lifelong bonds.

  Robert J. Shiller

  Benefits, Lifelong

  Source: www.psychologytoday.com

• Liberalism downplays certain of our moral senses: loyalty, authority, and sanctity.

  Robert J. Shiller

  Loyalty, Moral, Authority

  Source: www.psychologytoday.com

• My clinical psychologist wife of 40 years has always had a close intellectual influence on me. When I was beginning to talk openly in the economics profession about irrationality in decision-making, I received a lot of criticism. Ginny would support my views and remind me that a whole other profession - psychology - studies people's irrational sides.

  Robert J. Shiller

  Views, Years, People

  Source: www.psychologytoday.com

• I have argued that we need livelihood insurance, which would protect people against the risk of seeing their skills and expertise no longer needed. Such insurance could be offered by the private sector.

  Robert J. Shiller

  Skills, People, Risk

  Source: www.psychologytoday.com

• Can a controlled experiment explain why people like Kewpie dolls in one year, Beanie Babies in another, and American Girl dolls this year? Yet social scientists are asked to answer analogous questions. We economists and perhaps psychologists shouldn't overreact to the derision. That is, we shouldn't try to overlay a false sense of precision on our admittedly squooshy work.

  Robert J. Shiller

  Girl, Baby, Years

  Source: www.psychologytoday.com

• There is more uncertainty than usual about job futures because computers are replacing more and more human intelligence, and globalization is proceeding at an accelerating pace.

  Robert J. Shiller

  Jobs, Usual, Pace

  Source: www.psychologytoday.com

• Physicists have a bias to aspire to be "seers" like Einstein rather than "craftspeople" who do simple and practical research. I have seen that in economics departments. The same must be true to some extent in other departments.

  Robert J. Shiller

  Simple, Research, Economics

  Source: www.psychologytoday.com

• The good news is that, at least in economics, I've seen movement away from its overemphasis on mathematical models of purely rational behavior to a more eclectic and commonsense approach: research that is, among other things, more respectful of insights from psychology.

  Robert J. Shiller

  Psychology, News, Research

  Source: www.psychologytoday.com

• In the short run and for decisions unlikely to have broad impact, it may be more cost effective to use just one expert.

  Robert J. Shiller

  Running, Impact, Decision

  Source: www.psychologytoday.com

• In the longer run and for wide-reaching issues, more creative solutions tend to come from imaginative interdisciplinary collaboration.

  Robert J. Shiller

  Running, Issues, Creative

  Source: www.psychologytoday.com

• News media stimulate bubbles, since stories about them boost their audience.

  Robert J. Shiller

  Media, News, Stories

  Source: www.psychologytoday.com

• Each profession has its own toolkit.

  Robert J. Shiller

  Profession

  Source: www.psychologytoday.com

• Marketers know that if people you respect - perhaps laughably including entertainers and athletes - say they like a product, you're more likely to buy.

  Robert J. Shiller

  Athlete, People, Marketers

  Source: www.psychologytoday.com

• Consider our difficulties avoiding junk food and overspending. Such addictions were carefully planned-for by professional marketing teams.

  Robert J. Shiller

  Team, Addiction, Marketing

  Source: www.psychologytoday.com