rarity among economic publications in being loyal to the complexities of the subject while "wholly accessible to general readers." Quotations "[t]he stock market has not come down to historical levels: the price-earnings ratio as I define it in this book is still, at this writing [2005], in the mid-20s, far higher than the historical average. … People still place too much confidence in the markets and have too strong a belief that paying attention to the gyrations in their investments will someday make them rich, and so they do not make conservative preparations for possible bad outcomes." Gallery References External links Book website 2000 non-fiction books Finance books Works by Robert J. Shiller Princeton University Press books