September 11, 2026 Categories: Goldstein on Gelt
What a Nobel Prize Winner Can Teach Us About Economic Predictions
What caused the housing bubble in the United States several years ago? And could the situation have been predicted in advance? Dr. Vernon Smith of the Economics Department at Chapman University, and winner of the Nobel Prize for Economics in 2002, discusses experimental economics and how it can be used to predict housing markets and other important aspects of the economy.
