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ISBN: 0691120110 / ISBN-13: 9780691120119

The New Financial Order: Risk in the 21st Century

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In this compelling and important new book, the author of the bestselling "Irrational Exuberance" presents a fresh vision for hedging risk and ... Show synopsis

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  • The New Financial Order: Risk in the 21st Century (Princeton University Press) – Trade paperback (2004)
    by Robert J Shiller

    The New Financial Order: Risk in the 21st Century

    Trade paperback, Princeton University Press
    2004
    English
    366 pages

    ISBN: 0691120110
    ISBN-13: 9780691120119

    In his best-selling "Irrational Exuberance", Robert Shiller cautioned that society's obsession with the stock market was fueling the volatility that has since made a roller coaster of the financial system. Less noted was Shiller's admonition that our infatuation with the stock market distracts us from more durable economic prospects. These lie in the hidden potential of real assets, such as income from our livelihoods and homes. But these "ordinary riches," so fundamental to our well-being, are increasingly exposed to the ... Show more

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