Nobel laureate Robert Shiller talks with WSJ.Money contributor David Wessel about the wisdom of investing in real estate and his provocative proposal to arrest the growth of inequality in the U.S.

robert shiller

Robert Shiller on Housing Market

Robert Shiller on Market Bubbles-and Busts

In an interview with WSJ.Money contributor David Wessel, Yale economist Robert Shiller describes his thoughts on what actually drives markets—and recalls his encounter with Alan Greenspan just before the Fed chairman’s “irrational exuberance” speech.

Robert Shiller: We have a bubble