Narrative Economics (eBook)

How Stories Go Viral and Drive Major Economic Events

Robert J. Shiller (Autor)

eBook Download: PDF

2020
408 Seiten
Princeton University Press (Verlag)
978-0-691-21207-4 (ISBN)

Infos

From Nobel Prize-winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events-and why financial panics can spread like epidemic virusesStories people tell-about financial confidence or panic, housing booms, or Bitcoin-can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril-and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior-what he calls "e;narrative economics"e;-may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.

Produkt-Details

• Erscheint lt. Verlag: 1.9.2020
• Zusatzinfo: 18 b/w illus.
• Sprache: englisch
• Themenwelt: Geisteswissenschaften ► Psychologie ► Sozialpsychologie
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Marketing / Vertrieb
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
• Schlagworte: 1918 flu epidemic • 1929 • 1973 oil crisis • Adult • Advertising • Affect heuristic • after-tax income • American Economic Association • Arthur F. Burns • A Simple Story (novel) • Assar Lindbeck • asset • At A Discount • Autonomous Car • Bank failures • bank run • Bank Runs • Behavioral Economics • bernard baruch • Bimetallism • Bitcoin • Black Market • Book • boycott • brigandage • bubble • Butterfly effect • Calculation • Cataclysm (Dragonlance) • Central Bank • chaos theory • Charles Ponzi • co-epidemic • Collective Action • collective bargaining • conspicuous consumption • Conspiracy theories • consumer • Consumer confidence • Consumption (Economics) • Contagion • Control Room • Coronavirus • Covid • Covid 19 • Covid-19 • Crash • Crisis • crisis of confidence • critic • crowd psychology • Currency • Customer • darpa • Deflation • demand • Dick Cheney • Disease • Ebola • Economic bubble • economic forces • economic forecasting • Economic Growth • economic recovery • Economics • economist • economy • editorial • Elevator operator • Email • Employment • Energy development • Entrepreneurship • Epidemic • Epidemic model • epidemiology • Expense • Facebook • Fake News • false narratives • fear • Financial • Financial Crisis • Financial crisis of 2007–08 • financier • foolishness • Forecasting • Franklin D. Roosevelt • Fraud • Frugality • Google Trends • Great Depression • Great Recession • Group Cohesiveness • H1N1 • Halley's comet • History • Identity politics • Identity (social science) • Ideology • income • Inflation • Influenza • Innovation • institutional investor • Interest Rate • Investor • Irrational Exuberance (book) • Irrationality • Irving Fisher • Jimmy Hoffa • John Maynard Keynes • Laffer Curve • Life Expectancy • Literary Theory • Literature • Lydia Lopokova • machine learning • Market • Marketing • Mark Twain • Meltdown • Mental image • Milton Friedman • monetary policy • mortgage loan • movie theater • Mutation • narrative • National Bureau of Economic Research • National Industrial Recovery Act • new narrative • News design • newspaper • organization • originality • Ownership (psychology) • Pandemic • Panic • percentage • perception • Philosopher • Play (activity) • Polio • Politician • Politics • popular culture • popularity • Prediction • Presumption (canon law) • Price index • Progress and Poverty • Project Syndicate • Property Tax • ProQuest • Psychology • Publication • Public opinion research • purchasing power • Quantity • Racket (crime) • Rational Expectations • raw data • Real estate appraisal • real estate bubble • Recession • Red Scare • Relationship between religion and science • Retail • rhetoric • Satoshi Nakamoto • Science • Science Fiction • Self-censorship • sergeant major • Share Price • Shopping • Single tax • Smart Device • Smoot–Hawley Tariff Act • Society • Spanish Flu • Spanish influenza • Speculation • Stimulus • Stock • Stock Market • Stock market bubble • Stock market crash • suggestibility • Suggestion • Supply (economics) • Switchboard operator • Tax • Tax Rate • Technological Unemployment • Technology • The Economist • The Machine Stops • The Mysterians • The New York Times • Theory of Mind • The Wall Street journal • The Washington Post • Thorstein Veblen • Thought • Ticker tape • Tidbit • Time Series • Trade Union • Trans-Lux • Unemployment • United States presidential election • Uptrend • Virality • Wealth • Website • Wiki • Wildfire • world financial crisis • World War I • World War II • Writing • Wuhan • year
• ISBN-10: 0-691-21207-4 / 0691212074
• ISBN-13: 978-0-691-21207-4 / 9780691212074