Robert Shiller - The Subprime Solution

Robert Shiller - The Subprime Solution

Business Bookshelf
Foreclosed But Not Forgotten

By JAMES R. HAGERTY
September 3, 2008; Page A21

The Subprime Solution
By Robert J. Shiller
(Princeton University Press, 196 pages, $16.95)

He was among the first well-known economists to predict that the U.S. housing boom would end with crashing prices rather than with the more or less soft landing promised by Realtors, home builders, mortgage bankers and Wall Street financial engineers. Some say that Mr. Shiller’s jeremiads were premature, but investors and builders would be better off today if they had listened to him.   more here

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