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Big Shiller Day

April 1, 2015

I’ve been a long time fan of Robert Shiller’s work on financial markets and it is wonderful to see him turn his focus towards climate change. In doing so, he joins his colleague at Yale, William Nordhaus, who has made major contributions to understanding the economics of climate change. And Shiller explores Nordhaus potentially transformative idea of climate clubs at the city to the global scale.

I read this article on a day that I both listened to Barry Ritholtz interview Shiller on a podcast and started reading ‘Irrational Exuberance’ (which I should have read 15 years ago!). Not sure how that all came together, but lots learned!

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