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By Robert J. Shiller
Published: 2003
"In a world shaped by uncertainty, it is not just economic stability we seek, but a deeper understanding of the financial futures we create together."
Examines the impact of a rapidly evolving global economy on the twenty-first century financial world and presents six fundamental principles for using information technology and advanced financial theory to hedge risk.
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“In a world shaped by uncertainty, it is not just economic stability we seek, but a deeper understanding of the financial futures we create together.”
The New Financial Order
By Robert J. Shiller
Discover a world of knowledge through our extensive collection of book summaries.
Robert J. Shiller is a prominent American economist, best known for his analysis of financial markets and behavioral economics. He is a Sterling Professor of Economics at Yale University and a co-founder of the Case-Shiller index, which tracks U.S. home prices. Shiller gained international acclaim with his books, including 'Irrational Exuberance', which critiques the volatility of stock and real estate markets, and 'Animal Spirits', co-authored with George Akerlof, which explores the psychological factors affecting economic decision-making. His writing is characterized by its accessibility, blending rigorous economic theory with practical insights, engaging a broad audience and influencing both academic discourse and public policy.
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