Speaker: Professor Robert J. Shiller
Chair: Professor David Webb
This event was recorded on 20 May 2009 in Old Theatre, Old Building
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. Robert Shiller will put forward a bold new vision that will transform economics and restore prosperity.
we cannot see the charts.
optionsupdate 1 year ago 5
"Animal Spirits" is typical Keynesian thinking. We have limited resources and printing lots of money is not gonna increase productivity, it's a big fat lie. Artificial low interest rates is only gonna make banks mal-invest thus creating bubbles in the economy. Keynesian economics has never worked and will never work.
CaptainSkeletor 1 month ago