"Shiller's book should be read by anyone with a serious interest in the functioning of markets." Richard A. Grasso , President and Chief Operating Officer, New York Stock Exchange
"A specter haunts modern economics: 'individual stocks perform random walks in efficient markets, but the level of the whole market displays no demonstrable efficiency.' Bob Shiller is the key economist in this great debate. Buy his book and think on its contents. Learn what the October 1987 crash was all about." Paul Samuelson , Institute Professor, MIT
About the Author
Robert J. Shiller is Arthur M. Okun Professor of Economics at Yale University. He is the author of Finance and the Good Society
and other books.