“Do You Think That Shiller Believes That Irrational Exuberance Is a Thing? Do You Have Any Thoughts As To How He Would Propose That We Rein It In When It Threatens To Get Out of Control?”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

“ There’s no inconsistency in the two statements. ”

Of course there is. Today you said that Shiller never said that, yet the link shows that you agreed that Shiller made the comment. Those two comments are the exact opposite.

This yet another example as to why no one can have a normal conversation with you as well as why you get kicked off of boards.

Do you think that Shiller believes that irrational exuberance is a thing, Anonymous? He wrote a book with those two words as the title.

Do you think that he views irrational exuberance as a good thing or a bad thing?

If bad, do you have any thoughts as to how he would propose that we rein it in when it threatens to get out of control?

Rob