Nobel Laureate Robert Shiller recently made some comments about Bitcoin: When it comes to economic bubbles, there is perhaps no single greater authority than Yale economics professor Robert Shiller. Shiller wrote a seminal book on speculation and its devolution into mania, called Irrational Exuberance. The book analyzes bubbles throughout centuries. Shiller has won the Nobel prize for his work in the area. Among his other contributions, he has created tools and indexes for measuring price levels and valuations. So when Shiller suggests that the bitcoin space might be a bubble, investors would be wise to take note. "Irrational Exuberance" and Bitcoin In an interview with Quartz, Shiller said that the "best
Scott Sumner considers the following as important: Finance: stocks, options, etc.
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