Prof. Robert Shiller to be Honored by National Institute of Social Sciences

Robert Shiller, the Sterling Professor of Economics and professor of finance at Yale SOM, will receive a Gold Honor Medal from the National Institute of Social Sciences at a ceremony on November 14 in New York City. 

The medal is awarded annually to “distinguished Americans who have made significant contributions to the nation,” according to the institute. This year’s honorees also include author and biographer Ron Chernow and Columbia University president emeritus Michael I. Sovern.

“Ron Chernow, Robert Shiller, and Michael Sovern have given America their best,” said Chauncey G. Olinger, Jr., president of the National Institute, in a statement. “We are delighted to have the chance to recognize their remarkable contributions to this great country.”

Shiller is known for his research and writing on behavioral economics, financial bubbles, and real estate, among other areas. His books include Finance and the Good Society (2012), Animal Spirits: How Human Psychology Drives the Economy and Why It Matters for Global Capitalism (2009), Subprime Solution: How the Global Financial Crisis Happened and What to Do about It (2008), and Irrational Exuberance (2000). He won the Nobel Prize in Economic Sciences in 2013.