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AI Bubble or Not, Warren Buffett Would Buy This Vanguard Index Fund

Key PointsThe S&P 500 and Nasdaq have soared for nearly four years, mostly due to enthusiasm around artificial intelligence (AI).

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Michael Woodford, Nobel Laureate

I think of Michael Woodford as the kind of economist who studies something very specific very intensively and tries to get it just right.

  • Michael Woodford is a renowned economist specializing in monetary policy.
  • He developed the New Keynesian model integrating neoclassical Keynesianism.
  • His 2003 book "Interest and Prices" influenced contemporary macroeconomic thought.

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