Stories by Robert J. Shiller

Technology's impact: Robert J. Shiller

FRAMINGHAM (10/06/2003) - In 2001, Iempower of New York City created a website and online exchange to allow individuals to finance their educations by selling shares in their future incomes to investors. With this remarkable new market, individuals can hedge some of the risks of their human capital investments, and investors who put such shares in their portfolios can invest in this human capital--that is, participate in the development of labor income. Literally, one can invest in people.

Written by Robert J. Shiller06 Oct. 03 20:24