Exclusive WM Interview with Economist Robert Shiller: Animal spirits, subsidized investment advice, and the democratization of finance

October 02, 2009 at 11:05 AM
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Economist Robert J Shiller talks exclusively with Wealth Manager's Editor in Chief Kate McBride about Keynes' theory of the "spontaneous urgent action" of people's animal spirits that drives the economy up—but that recession or depression "beats them down."