Bertrand.pt - Narrative Economics

Narrative Economics (eBook)

How Stories Go Viral And Drive Major Economic Events

de Robert J. Shiller 

idioma: Inglês
Editor: Princeton University Press
Edição ou reimpressão: outubro de 2019
23,09€
Pré-lançamento - Sujeito a disponibilidade de stock - envio a partir de 01-10-2019

From Nobel Prizewinning economist andNew York Times bestselling author Robert Shiller, a new way to think about how popular stories help drive economic events

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 Prizewinning economist andNew 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 behaviorwhat 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 marketswhether 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 thesetransmitted by word of mouth, by the news media, and increasingly by social mediadrive 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 tellabout economic confidence or panic, housing booms, the American dream, or Bitcoinaffect economic outcomes.Narrative Economics explains how we can begin to take these stories seriously. It may be Robert Shiller's most important book to date.

Narrative Economics
How Stories Go Viral And Drive Major Economic Events
ISBN: 9780691189970 Ano de edição ou reimpressão: 10-2019 Editor: Princeton University Press Idioma: Inglês Tipo de Produto: eBook Classificação Temática: eBooks  >  eBooks em Inglês  >  Economia, Finanças e Contabilidade  >  Finanças

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