This weekend’s Lunch with the FT (in the Financial Times) is with Robert “Irrational Exuberance” Shiller, the Yale economist who pinged the top of the bubble with a fortuitously timed book back in 2000. As most readers of this site will already know, Shiller is currently calling real estate — in some major U.S. markets — a bubble and predicting a decline. While the lunch discussion is eclectic and mildly interesting, Shiller comes across as diffident and somewhat puritanical — and he has no idea when the real estate market might crash.
Lunch with Robert “Irrational Exuberance” Shiller
By February 17, 2006 · ··