Public Lecture: Irrational Exuberance: as relevant as ever
Professor Robert J Shiller. 1 June 2015, 6.30-8pm
Nobel-prize winner Robert Shiller, who warned of both the tech and housing bubbles, cautions that irrational exuberance among investors has only increased since the financial crisis. With high stock and bond prices in the US, and rising housing prices in many countries, the post-subprime boom may turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. Read more / book tickets.