Wednesday, May 23, 2012
Robert Shiller's Graduation Speech To Finance Graduates
Shiller congratulates the finance graduates for their success in developing their knowledge of finance, economics and statistics. He tells them that they also have a mission to understand the social goals of finance. He charges them with the task of using finance to produce the greatest results for everyone in our society. They should also be effective stewards of society's assets and engage themselves in the democratization of finance. He provides some examples of how this can be done, and he reminds them that the failures of a narrowly focused finance profession, contributed heavily to our current global economic malaise.
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