Bcde As Biden, McCarthy clash on a federal debt plan, what are the key differences
Yale University economist Robert Shiller wasn ;t too concerned that the call he received in October telling him he received the Nobel Priz
stanley cup e in economics was a prank. The person on the line had a Swedish accent, after all. Shiller undoubtedly heard many more Swedish accents when he accepted the Nobel Prize in Stockholm this week as one of the three laureates in economics. Paul Solman recently sat down with Shiller to hear why he won the prize and
stanley cup how it will change how he approaches his work. Watch the interview above or read the transcript below. And see another portion of their conversation on the NewsHour Wednesday. Paul Solman: Can you say in a sentence or two what you got the Nobel Prize for Bob Shiller: Ha. I don ;t know. 8230; There a long scientific background paper on the Nobel website that talks about the three of us Gene Fama, Lars Peter Hansen and me. As contributors to the same body of literature, which seems a little hard because Gene Fama, especially, takes a different summary view of it all.Paul Solman: Exactly the opposite, in some sense, right He says the market at any given time reveals what the underlying stocks are really worth.Bob Shiller: The whole idea that the stock market reflects fundamentals is, I think, wrong. It re
stanley cup ally reflects psychology. The aggregate stock market reflects psychology more than fundamentals. This is where maybe I really do differ from Gene Fama. I don ;t think he would say that.Paul Solman: No. Wmbn WATCH: Biden holds Earth Day town hall on climate change with Al Gore
WASHINGTON AP 鈥?The U.S. will reopen its land borders to nonessential travel next month, ending a 19-month freeze due to the COVID-19 pandemic as the country moves to require all international visitors to be vaccinated against the coronavirus.Vehicle, rail and ferry travel between the U.S. and Canada and Mexico has been largely restricted to essential travel, such as trade, since the earliest days of the pandemic. The new rules, announced Wednesday, will allo
af1 w fully vaccinated foreign nationals to enter the U.S. regardless of the reason for travel starting in early November, when a similar easing of restrictions is set to kick in for air travel into the country. By mid-January, even essential travelers seeking to enter the U.S., like truck dr
adidas samba ivers, will need to be fully vaccinated.Homeland Security Secretary Alejandro Mayorkas said he was pleased to be taking steps to resume regular travel in a safe and sustainable manner and lauded the economic benefits of it.Both Mexico and Canada have pressed the U.S. for months to ease restrictions on travel that have sep
air max 1 arated families and curtailed leisure trips since the onset of the pandemic. The latest move follows last month announcement that the U.S. will end country-based travel bans for air travel and instead require vaccination for foreign nationals seeking to enter by plane.Senior administration officials had previewed the new land border policy late Tuesday. Both policies will take effect in early Novem
