Jean Tirole, of the University of Toulouse, France, won the Nobel Prize in economics Monday for his work on markets and regulation. Although his name might not be well-known in the U.S., his work has been recognized as some of the most applicable “real-world” economics research in decades. Continue reading
You’ve heard French economist Thomas Piketty talk about inequality and a global wealth tax to tap into the high rate of return on capital. The stock market is the source of much of that high-end wealth, and Piketty doesn’t see the market’s recent highs coming down anytime soon. Continue reading
Yale University professor Robert Shiller was one of three Americans honored with the Nobel Prize for Economics for research on how financial markets work and how assets, like stocks, are priced. Economics correspondent Paul Solman sits down with Shiller to discuss the award, irrational exuberance and the global housing market. Continue reading
Robert Shiller, one of the Nobel laureates in economics announced Monday, has spoken to Paul Solman about the line of research that won him the prize. Photo courtesy of World Economic Forum Flickr account via Creative Commons.
Robert Shiller, one of the Nobel laureates in economics announced Monday, has spoken to Paul Solman about the line of research that won him the prize. Photo courtesy of World Economic Forum Flickr account via Creative Commons. Paul Solman: Old … Continue reading
In our news wrap Monday, three Americans — Lars Peter Hansen, Eugene Fama and Robert Shiller — will share the Nobel Prize for Economics for their work in explaining how stocks, bonds and housing values change over time. Also, al-Qaida leader Abu Anas al-Libi has been transported to New York to stand trial on terrorism charges. Continue reading
Editor’s note: All this week on the Business Desk, we’ll be featuring contributions from economists, financial journalists, and other experts on the origins and impact of the financial crisis. We asked several experts to weigh in on the single most … Continue reading