Whether it’s Joseph Stiglitz, Paul Krugman, Daniel Kahneman, or Obama (the Nobel committee took a huge dent in credibility after that), even Nobel laureates are not beyond reproach. Now it’s Robert Shiller, another liberal Noble Prize recipient who has been wrong about wealth inequality and other matters, writing in the New York Times: Why Land… Continue reading Robert Shiller…Wrong About Real Estate
Tag: bay area real estate
Wealthy foreigners bought $100 billion in US real estate
More American exceptionalism: Wealthy foreigners bought $100 billion in US real estate So much for the ‘post America’ era that many leftist pundits predicted in 2008 and 2009 – the exact opposite has happened. From surging stocks, to the unending inflow of foreign capital, to a strong dollar, America has been emboldened, it’s economic hegemony… Continue reading Wealthy foreigners bought $100 billion in US real estate