Professor Robert Shiller on U.S. Exceptionalism

In this excerpt from an exclusive interview, Nobel laureate Professor Robert Shiller delves into the concept of U.S. exceptionalism, tracing its origins to historical figures like Benjamin Franklin and Alexis de Tocqueville. Shiller discusses how this narrative has shaped perceptions of the U.S. as a land of opportunity for practical, business-oriented individuals. He also examines the current global landscape, noting the rise of technology sectors in other countries, such as China, and the shifting sands of economic power. Shiller emphasizes the importance of mutual trust and cooperation in fostering a positive global outcome, challenging the notion of American exceptionalism in today’s interconnected world. Recorded April 7, 2025.