How to predict the next financial crisis
Nobel laureate and Yale Professor Robert Shiller predicts bubbles, busts and other financial crises years before anyone else. Join us at this event hosted by how to: Academy and be the first to discover his most powerful idea yet.
Ideas move markets. Spread through society by word of mouth and social media, TV news and internet troll farms, the stories that we tell each other about the economy drive how we invest, spend, and save – and lead, ultimately, to financial crashes, mass unemployment, and wars.
But although the power of stories to affect economies seems obvious, until now no-one has produced a coherent theory for explaining the role they play – let alone a toolkit for harnessing such an understanding to prepare for future crises, recessions and depressions.
Professor Robert J. Shiller
Robert J. Shiller is a Nobel Prize–winning economist, the author of the New York Times bestseller Irrational Exuberance, and the coauthor, with George A. Akerlof, of Phishing for Phools and Animal Spirits, among other books (all published Princeton University Press).
He is Sterling Professor of Economics at Yale University and a regular contributor to the New York Times.
"This is a fascinating and important book, written in an engaging style and packed with intriguing examples."