Robert Shiller shares a hunch
(NEWSER) - If you’re trying to spot the next big bubble that will roil markets, economist Robert Shiller has a dark horse candidate: Farmland. Sure, farm bubbles are pretty rare—there was only one in the 20th century—but prices for farmland have been booming in the US and UK, Shiller points out in a piece for Project Syndicate . More importantly, “farmland, at least in certain places, seems to have the most contagious ‘new era’ story right now.” More»
