My very first publication was an estimator – this was a statistical procedure – a kind of invention. My father got a patent and started a business; it wasn’t successful, but maybe I have some of him in me. – Robert J. Shiller
Money management has been a profession involving a lot of fakery – people saying they can beat the market, and they really can’t. – Robert J. Shiller
Some of the best theorizing comes after collecting data because then you become aware of another reality. – Robert J. Shiller
Somehow, talking to young students brings you back to reality – it should, anyway. – Robert J. Shiller