Articles by Robert Shiller



Why Economics Should Be Considered a Science

I am one of the winners of this year's Nobel Memorial Prize in Economic Sciences, which makes me acutely aware of criticism of the prize by those who claim that economics — unlike other Nobel Prize disciplines such as chemistry, physics or medicine, — is not a science. Are they right?

Market Bubbles Don't Die, They Just Fade Away

You might think that we have been living in a post-bubble world since the collapse in 2006.

How State Austerity Has Led to Demoralization

Austerity was supposed to improve morale, but it has often led to rejection and joblessness.


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