Narrative Economics
In a world in which internet troll farms attempt to influence foreign elections, can we afford to ignore the power of viral stories to affect economies? In this groundbreaking book, Nobel Prize–winning economist and New York Times bestselling author Robert Shiller offers a new way to think about the economy and economic change. Using a rich array of historical examples and data, Shiller argues that studying popular stories that affect individual and collective economic behavior―what he calls "narrative economics"―has the potential to vastly improve our ability to predict, prepare for, and lessen the damage of financial crises, recessions, depressions, and other major economic events. Spread through the public in the form of popular stories, ideas can go viral and move markets―whether it's the belief that tech stocks can only go up, that housing prices never fall, or that some firms are too big to fail. Whether true or false, stories like these―transmitted by word of mouth, by the news media, and increasingly by social media―drive the economy by driving our decisions about how and where to invest, how much to spend and save, and more. But despite the obvious importance of such stories, most economists have paid little attention to them. Narrative Economics sets out to change that by laying the foundation for a way of understanding how stories help propel economic events that have had led to war, mass unemployment, and increased inequality. The stories people tell―about economic confidence or panic, housing booms, the American dream, or Bitcoin―affect economic outcomes. Narrative Economics explains how we can begin to take these stories seriously.
377
English
2019
Other Book Recommendations
Discover investment-related books in various languages:
English Books
Thomas Sowell
Peter Lynch; John Rothchild
Robert J. Shiller
Peter Lynch; John Rothchild
How To Use What You Already Know To Make Money In The Market
Benjamin Graham; Jason Zweig
John C. Bogle
The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns
Joel Greenblatt
Spanish Books
Peter Lynch; John Rothchild
Benjamin Graham; Jason Zweig
Peter Lynch; John Rothchild
Un paso por delante de Wall Street
Cómo utilizar lo que ya sabes para ganar dinero en bolsa
German Books
Christian W. Röhl; Werner H. Heussinger
Cool bleiben und Dividenden kassieren
Mit Aktien raus aus der Nullzins-Falle
John C. Bogle
Das kleine Handbuch des vernünftigen Investierens
An der Börse endlich sichere Gewinne erzielen
Susan Levermann
Warren Buffett; Lawrence A. Cunningham
Die wichtigsten Lektionen für Investoren und Unternehmer
André Kostolany
Benjamin Graham; Jason Zweig
Robert J. Shiller
Robert J. Shiller
Wie Geschichten die Wirtschaft beeinflussen - ein revolutionärer Erklärungsansatz
Gerd Kommer
Souverän investieren mit Indexfonds und ETFs
Wie Privatanleger das Spiel gegen die Finanzbranche gewinnen
Nicolas Schmidlin
Unternehmensbewertung & Kennzahlenanalyse
Praxisnahe Einführung mit zahlreichen Fallbeispielen börsennotierter Unternehmen
French Books
Peter Lynch; John Rothchild
Lawrence A. Cunningham; Warren Buffett
Les seuls conseils donnés par Warren Buffett aux investisseurs et aux managers
Italian Books
Are you missing any great book in this overview?
Contact Us Here
