Robert Shiller on Market Bubbles and Busts

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David Wessel from WSJ Money interviews Robert Shiller about market bubbles and busts – and even where the term “irrational exuberance” came from. I generally enjoy Wessel and this interview was an insightful look into Shiller’s thinking about bubbles. Yes, they should be preventable but the reality is we don’t have an effective way to […]

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Robert Shiller Interview with The Guardian

shiller-gaurdian-interview

I like when some of our best academics get a chance to talk about ideas and solutions to problems they see. In this Robert Shiller interview, he gets an opportunity to do just that. His views on democratizing financial instruments and making them serve the people is at the heart of many economics theories – […]

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Anchoring with Daniel Kahneman

anchoring-kahneman

This video explains anchoring with the voice from Nobel Laureate Daniel Kahneman. It is put together with nice graphics from farrastrausgiroux on YouTube. Below is the video transcript: [Kahneman in the background] Suppose I ask you whether the average price of German cars in the United States is more or less that $100,000. You probably […]

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Behavioral Economics with Daniel Kahneman

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This video was taken from the Unite States Studies Centre at the University of Sydney. I believe Kahneman has a good explanation of the application of behavioral economics towards policy. It is often a field that gets overlooked because of the lack of practical application. Quite to the contrary, Kahneman gives us a couple of […]

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