Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the...
Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be active in that market,” he said. Yale Professor and Nobel Prize Winner Mulls Over Getting Into Crypto Nobel laureate Robert Shiller talked about cryptocurrency in an interview with CNBC, published Sunday. Shiller won The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2013 alongside Eugene Fama, Lars Peter Hansen “for their empirical....
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As reported by Business Insider, Robert Shiller recently revealed his opinion on Bitcoin at a panel about digital trends in Davos, Switzerland. Shiller remarks that he finds Bitcoin to be an “inspiration” because of the computer science, but as a currency he feels that Bitcoin would return us “to the dark ages.” The reference to the “dark ages” is a clear sign that Robert Shiller understands some if not most of the computer science behind Bitcoin and views Bitcoin as a digitized commodity, or an exotic asset. Of course, Robert Shiller currently considers himself the foremost expert on....
American economist and Nobel Laureate Robert Shiller took part in an interesting panel discussion this week about digital trends at the World Economic Forum in Davos, and naturally he mentioned bitcoin. Shiller said bitcoin is an inspiration thanks to its geeky roots, but he warned that it is not the way forward. In fact, despite bitcoin's digital heritage, Shiller argued that it is a throwback to the dark ages, reports Business Insider. Shiller's position is understandable, since he was awarded the 2013 Nobel Prize in Economics for his work on trend-spotting in asset markets. Shiller also....
Nobel prize winning economist, Joseph Stiglitz confuses the Bitcoin community by saying the digital currency is banned by the United States. Who says “geniuses” can’t be wrong? In this case, one Nobel prize winning economist may have gotten everything wrong about Bitcoin. Joseph Stiglitz, the 73-year-old Nobel Laureate, and professor at Columbia University had the Bitcoin community dumbfounded after he said that Bitcoin has been banned by the United States. Unless Joseph Stiglitz was referring to some inside information which others aren’t privy to, we can safely assume that he has misread....
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still believes that bitcoin has no fundamentals. Paul Krugman Likens Bitcoin to a Cult That Can Survive Indefinitely Nobel laureate Paul Krugman said on Twitter last week that he has given up on predicting bitcoin’s demise. Krugman won The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 “for his analysis of....
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing Like Subprime Mortgage Nobel laureate Paul Krugman warned about cryptocurrency investing in an opinion piece he authored in the New York Times, published Thursday. Krugman won the Sveriges....