Best quotes by Robert J. Shiller on People
Checkout quotes by Robert J. Shiller on People
-
‟ Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that's a mistake.
- 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
-
‟ A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted toward wage insurance, to help people replaced by new technology make the transition to a different career.
- Robert J. Shiller
-
‟ In a perfect world, people don't have to move to another country to get a higher wage. Ultimately, they need only be able to participate in producing output that is sold internationally.
- Robert J. Shiller
-
‟ Hesitation is often like procrastination. One may have vague doubts and feel a need to mull things over; meanwhile, other issues intrude on thought, and no decision is taken. Ask people why they procrastinate, and you probably won't get a crisp answer.
- Robert J. Shiller
-
‟ I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow for people to avoid being exposed to inflation risk.
- Robert J. Shiller
-
‟ People aren't as impressed by homes anymore after they saw how they collapsed in price with the financial crisis.
- Robert J. Shiller
-
‟ Fifty years ago or a hundred years ago, generally, most people would buy a house the way you buy a car. When you buy a car, do you think, 'I better buy this year rather than next year because car prices might go up?'
- Robert J. Shiller
-
‟ People might just decide, 'Yeah, I'll diversify my portfolio. I'll live in a rental.' That is a very sensible thing for many people to do.
- Robert J. Shiller
-
‟ This is the paradox of thrift: belt-tightening causes people to lose their jobs, because other people are not buying what they produce, so their debt burden rises rather than falls.
- Robert J. Shiller