Robert Shiller: Finance and The Good Society

The New York Times best-selling economist is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown. Yet he is no apologist for the sins of finance. We talk with Professor Shiller about his new and timely book, Finance and the Good Society, where he argues that, rather than condemning finance, we need to reclaim it for the common good.