Insurance: The Archetypal Risk Management Institution – Yale, Econ 252, 5.1

This is synopsis one of two from lecture five of Dr. Shiller’s Yale ECON 252 course: Financial Markets. Go to the ECON 252 link to access all synopses to this point. Since 1802 stocks have outperformed bonds by an average of 4% per year. There has never been a 30 year period in the history [...]