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Robert J. Shiller Quotes


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Quotes by Robert J. Shiller

Showing 21-30 of 55 Quotes by Robert J. Shiller

A lot of people aren't saving enough. And incidentally, people are living longer now, and health care is improving. You might end up retired for 30 years - people are not really preparing for that.

~Robert J. Shiller

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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

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Trump's victory clearly appears to stem from a sense of economic powerlessness, or a fear of losing power, among his supporters. To them, his simple slogan, 'Make America great again,' sounds like 'Make You great again': economic power will be given to the multitudes without taking anything away from the already successful.

~Robert J. Shiller

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Those on the downside of rising economic inequality generally do not want government policies that look like handouts. They typically do not want the government to make the tax system more progressive, to impose punishing taxes on the rich, in order to give the money to them. Redistribution feels demeaning. It feels like being labeled a failure.

~Robert J. Shiller

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Trump has never been clear and consistent about what he will do as president.

~Robert J. Shiller

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Speculative markets have always been vulnerable to illusion. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in the force of the illusion are difficult to predict.

~Robert J. Shiller

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I didn't vote for Trump. So we've got him. Let's hope for the best. He might do something good.

~Robert J. Shiller

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All taxes, except a 'lump-sum tax,' introduce distortions in the economy. But no government can impose a lump-sum tax - the same amount for everyone regardless of their income or expenditures - because it would fall heaviest on those with less income, and it would grind the poor, who might be unable to pay it at all.

~Robert J. Shiller

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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

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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

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Biography

Nationality: American

Type: Economist

Born: March 29th, 1946

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Find Robert J. Shiller on Amazon

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