The American economy is changing and we may be overcompensating. That’s one takeaway from Yahoo Finance’s latest discussion with Nobel Prize winning economist, and Yale University professor, Robert Shiller.

In the latest edition of his book, “Irrational Exuberance,” Shiller explains that people may need to move away from the thought that the economy will go back to how it was pre-crisis. “A lot of people are holding on to old facts, old presumptions,” he said.

Robert Shiller: The Investing Golden Age May Be Over

Robert Shiller: The Investing Golden Age May Be Over