Quotes from Robert Shiller

It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.

confidence, fairness, corruption, money illusion, and stories. These are real motivations for real people. They are ubiquitous. The presumption of mainstream macroeconomics that they have no important role strikes us as absurd.

We can say with some accuracy that most people put on a show of their own knowledgeability and try to conceal their ignorance of millions of facts.