Yale School of Management

We go domestic now.

Gautam Mukunda with Bloomberg Opinion and the Yale School of Management and wonderful books on the span of our presidency.

Gautam, I was up all night trying to figure out how to frame this question.

I was thunderstruck yesterday.

The markets are also relying on this.

Gautam Mukunda is a lecturer at Yale School of Management.

He's a Bloomberg Opinion contributor, has become a regular voice on the program, and is with us in studio today.

Nice to have you in Washington.

But there's something to gain from both sides of the equation.

And I'll reference an excellent book by a Yale School of Management professor that's sort of local here, Barry Nailbuff.

He wrote a book on negotiation.

He teaches classes on game theory and also happens to be the founder of Honest Tea, which he wrote a really good book on too.

As The New York Times put it, the Nobel committee described Professor Shiller as a founder of the field of behavioral finance, an innovator in incorporating psychology into economics, and a pioneering analyst of speculative bubbles in the stock and real estate markets.

Shiller is the Sterling Professor of Economics at Yale University and Professor of Finance at the Yale School of Management.

He is the author of numerous books and articles, including two editions of Irrational Exuberance, which correctly identified the developing bubbles in the stock and housing markets.

He is the co-creator of the widely cited measure of US housing prices, the Case-Shiller Home Price Index, and creator of the cyclically adjusted PE ratio known as the CAPE ratio, which is a price-earnings ratio for the S&P 500 based on average inflation-adjusted earnings from the previous 10 years instead of just one year's earnings.

That's right.

Health and Veritas is produced with the Yale School of Management and the Yale School of Public Health.

To learn about Yale SOM's MBA for Executives program, visit som.yale.edu. To learn about the Yale School of Public Health's Executive Master of Public Health program, visit sph.yale.edu.

And I get the honor of expressing a little gratitude.

We can talk about our candidates in a moment.

I did want to plug, we did a podcast with Bruce Delmonico at Yale SOM.

Bruce has been in this space since I think 2004, I want to say.

So he is a true veteran of this industry.

And so for 10 years, I've told you stories about communities that decided to keep that money home, a hotel company in Orlando, a school district in Ashtabula, Ohio, group of school districts in Wisconsin.

Today, I wanna talk a little bit about what happens when somebody like me goes home and starts to build it in their own backyard and why a room full of Yale School Management students helped me bring this more clearly together.

It was a few months ago, I did a solo episode on how our system was collapsing.

And since then, I get the same question in many rooms.