Robert Shiller wrote the book on bubbles. He says “the best example right now is bitcoin.”

Yale economics professor Robert Shiller won the Nobel prize for his work on bubbles. He wrote a seminal book on speculative manias, Irrational Exuberance, a deep analysis of the dramas over the centuries when otherwise sane people drove prices for tulips, stocks, and houses to inexplicable heights. ...

Robert Shiller wrote the book on bubbles. He says “the best example right now is bitcoin.”