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Home > EconTalk Archives, 2008 > Shiller on Housing and Bubbles
Podcast: EconTalk Archives, 2008
Episode:

Shiller on Housing and Bubbles

Category: Education
Duration: 01:00:59
Publish Date: 2008-09-15 06:30:00
Description: Robert Shiller of Yale University talks with EconTalk host Russ Roberts about the current housing mess and related financial market problems. Shiller argues that the decade-long run up in housing prices was a bubble where speculative fervor outweighed any economic fundamentals. He also discusses the genesis of the Case-Shiller housing price index and his idea for how it might be used to reduce risk in the mortgage market. Note: This podcast was recorded on September 5, 2008, days before Secretary of the Treasury Paulson put Fannie Mae and Freddie Mac into conservatorship.
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