Robert J. Shiller Quotes
Each profession has its own toolkit.
Akerlof, George A., and Robert J. Shiller. Phishing for Phools: The Economics of Manipulation and Deception. Princeton University Press, 2015.
The problem effects politics in that politicians and their staffs who have to understand critical concepts cannot even read up on the subject very deeply unless they have experience with the technical vocabulary of the specific field. The result is that are dependent on experts and are unable to reach conclusions for themselves.
Robert James Shiller is an American economist (Nobel Laureate in 2013), academic, and best-selling author. As of 2019, he serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was vice president of the American Economic Association in 2005, its president-elect for 2016, and president of the Eastern Economic Association for 2006–2007. He is also the co‑founder and chief economist of the investment management firm MacroMarkets LLC.