Robert Shiller at Politics & Prose and World Bank

Yale economist and housing market researcher Robert Shiller will discuss his new book, "Finance and the Good Society", at two local upcoming events.

Politics & Prose 

7:00pm, Wednesday, March 28, 2012
5015 Connecticut Ave NW

Washington, DC  20008

World Bank, IFC Auditorium

12:30-2:00pm, Thursday, March 29, 2012

2121 Pennsylvania Avenue NW

Washington DC 20433

Professor Shiller is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown. In this important book, Shiller argues that, rather than condemning finance, we need to reclaim it for the common good. He makes a powerful case for recognizing that finance, far from being a parasite on society, is one of the most powerful tools we have for solving our common problems and increasing the general well-being. We need more financial innovation--not less--and finance should play a larger role in helping society achieve its goals.

Shiller's home price indices, developed originally with Karl E. Case, are now published as the Standard & Poor’s/Case Shiller Home Price Index. The indices are the leading measures for the U.S. residential housing market, tracking changes both nationally as well as in 20 metropolitan regions.