American economist and Nobel Laureate Robert Shiller took part in an interesting panel discussion this week about digital trends at the World Economic Forum in Davos, and naturally he mentioned bitcoin.

Shiller said bitcoin is an inspiration thanks to its geeky roots, but he warned that it is not the way forward.

In fact, despite bitcoin’s digital heritage, Shiller argued that it is a throwback to the dark ages, reports Business Insider.

Shiller’s position is understandable, since he was awarded the 2013 Nobel Prize in Economics for his work on trend-spotting in asset markets. Shiller also examined the volatility of stock prices and their correlation with dividends.

The economists and his fellow laureates Eugene F. Fama and Lars Peter Hansen found that high future returns are usually viewed as compensation for holdingunder a disability as defined by the Act.   He claims that the ALJ erroneously concluded that his back injury does not meet or equal one of the impairments listed in the regulations, improperly discounted his subjective complaints of pain, and erroneously found that he could still perform his past work as a lawn maintenance supervisor.   After a careful review of the briefs and record, we reverse.


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The medical records show that on April 11, 1973, at the age of 16, appellant suffered a serious injury to his back when a car he was working on rolled forward, crushing him against a bench.   Examination revealed multiple fractures of the pelvis bones, fractures in the lumbar spine, and numerous internal injuries.   Appellant was