Robert Shiller on Animal Spirits

A fascinating interview with the author of the recent book Animal Spirits (how human psychology drives the economy and why it matters for global capitalism). Definitely worth a listen for anyone who has an interest in heterodox economics. I was struck during the interview with quite how sensible (in the rather mundane and obvious sense of the term) what Shiller says is and yet, as I understand it, he’s still considered something of a radical within economics.

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