My Week 3 Summary of Yale University Financial Markets Course: Theory of Debt

In this module, Professor Shiller discusses the theory of debt and its proper role. He also covers corporate stocks.  A naïve view of what stocks are is that it is some certificate that people buy so that the price can go up. That is not what stocks are. Stocks represent people, organization, a claim on … Continue reading My Week 3 Summary of Yale University Financial Markets Course: Theory of Debt