Robert J. Shiller Quotes


The desperately poor may accept handouts, because they feel they have to. For those who consider themselves at least middle class, however, anything that smacks of a handout is not desired. Instead, they want their economic power back.


Citations

Shiller, Robert J. "The Driving Force Behind Trump's Appeal? Economic Powerlessness." The New York Times, 11 Nov. 2016.

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Robert J. Shiller
Robert J. Shiller
  • Born: March 29, 1946
  • Nationality: American
  • Profession: Economist

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.