Animal Spirits on a Roller Coaster – Robert Shiller

 

 

Robert Shiller

I wanted to share this short video, in which Robert Shiller elaborates on his views on home prices and the fundamentals that may lead to overshooting. According to Shiller – who is among the 100 most influential economists of the world and eponym of the S&P Case-Shiller index – animal spirits is what substantially drives economies – and homes prices alike. Shiller, together with Nobel Prize winner George Akerlof, wrote a book on the subject (please read my earlier post) conveniently titled “Animal Spirits”.

Anyone who’s interested in experiencing the Case-Shiller inflation-adjusted US Home prices index somewhat differently, take a roller coaster ride here. If you want to try out the Canadian version of the ride, fasten your seatbelts here.

Like this at Facebook!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s