Robert J. Shiller Quotes


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Stockman was the member of the Reagan staff who was in charge of the budget. The President however chose not to take Stockman’s advice and the result which will always be a black mark on the Reagan Administration was the then largest budget deficit in American history.


The mayor was confronted with a poll showing that over 70 percent of the public opposed taxpayer support for a sports stadium which would provide subsidies to profitable professional sports teams. Nonetheless he continued to support the idea believing that the issues were too complex for the public to understand.


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.