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Quote by Robert J. Shiller

“Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.”

Quote by Robert J. Shiller

Author

Robert J. Shiller

Robert J. Shiller is a renowned economist known for his work in behavioral finance, asset pricing, and macroeconomic fluctuations. Born on March 29, 1946, he is a Nobel laureate in Economics. more

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