Yale Economist And U.S.-housing-market Expert. Robert J. Shiller.discusses. The Subprime Solution: How Today's Global Financi

Harvard Book Store is very pleased to welcome Yale economist,. best-selling author, and expert on the U.S. housing market ROBERT J. SHILLER for an important analysis of the global credit crisis as discussed in his new book, The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It.
The subprime mortgage crisis has already wreaked havoc on the lives of millions of people and now it threatens to derail the U.S. economy and economies around the world. In this trenchant book, best-selling economist Robert Shiller reveals the origins of this crisis and puts forward bold measures to solve it.
"The subprime crisis has visited ruin on thousands of Americans, and it threatens the health of the global economy. In this timely and fascinating book, Robert Shiller, an expert on irrational behavior in financial markets, conducts a postmortem. How could so many smart people have been so wrong? Shiller concludes that unchecked financial innovation works poorly in asset markets, and he describes the institutions needed to prevent future bubbles." -Gregory Clark (A Farewell to Alms)
"His short, snappy and surprisingly far-reaching book on the subprime crisis is as interesting and indispensable as you would expect." -Financial Times
"Is this a wise bail-out? The best statement I have read on this question comes from Professor Robert Shiller of Yale University in his fascinating new book on the housing bubble." -Martin Wolf, Financial Times
"Robert Shiller is financial forecasting's dean of doom. But he has ideas for fixing markets, too." -Justin Fox, Time magazine
"Robert Shiller is someone who should be taken seriously." -Andrew Leonard, Slate.com
"What sets Shiller apart--brilliantly apart--from other analysts of the housing bubble are the sharpness of his diagnoses and the creativity of his solutions. These are the core of his excellent new book." -Arvind Subramanian, Forbes.com
"[Shiller] remains a rare breed -- an academic who has transformed economic theory into useful real- world solutions. As a renowned professor of economics at Yale University, he remains the expert on U.S. housing markets." -John Fout, The Street.com
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