When I was reading this book, I was wondering how can he realize things that are not that obvious for others?
The author argues that risks are even higher today compared with their past history as the information technology makes it a game with "winner takes it all effect".
The decline in income for the workers in this specific field would be measured whether the worker has remained in this given field or not.
Love these books by Robert J Shiller. I would highly recommend these for anyone who enjoys keeping up with our ever changing financial world.Published 15 days ago by Janice Roane
The book arrived in good condtions and in due time as promised by the seller. The author, a recent economics Nobel laureate, lays the ground, with well-articulated though... Read morePublished 7 months ago by José-Fernando PIneda
Well, this book should certainly get you thinking... That's one of the best compliments I could give the author I would guess. Read morePublished 23 months ago by Robert Kirk
The New Financial Order: Risk in the 21st Century
Professor Bob got it right once again. When I was reading this book, I was wondering how can he realize things that are... Read more
This book deals with risk. It also proposes a lot of policy recommendations for the future. The author mentions of a term called the "democratization of finance" in which he means... Read morePublished on November 30, 2009 by Osman Nal
Relative to Irrational Exuberance, which received much acclaim, The New Financial Order was not given the same sort of thumbs up. Read morePublished on September 3, 2009 by 1000Books
Robert J. Shiller proposes the use of mass insurance policies to cure many of society's ills. Think he's crazy? Read the book and judge for yourself. Read morePublished on December 28, 2007 by D. Anthony
The major problem with this book is Shiller's basic misconception of what the major problem is concerning decision making about the future ,given the incomplete amount of relevant... Read morePublished on September 7, 2005 by Michael Emmett Brady