Robert J. Shiller

Prior to reading this book, I have listened to various lectures and speeches by Professor Shiller that I have found on Youtube and online. What I appreciate is that I can follow and largely understand his explanations and analysis (for the most part) as someone who did not do well with my economic courses in college. Fortunately this book was also user-friendly. It’s not written exclusively for other economists and academics.

I am trying to gain a better understanding of economics in general but also trying to understand investing and what factors affect the stock market, housing market and finance. Shiller provides an excellent overview of the American economy and history including the 1929 Stock Market crash and the 2007-2008 downturn (I read the third edition of this book that included the 2007-2008 downturn.)

There are lots of chart, data and information throughout the book. Shiller also has an informative section of how the press and media affect the Stock Market and economy. This is not an easy read but the effort was worthwhile, at least for this reader.… (mehr)