Narrative economics : how stories go viral & drive major economic events, with a new preface by the author /

Shiller, Robert J.,

Narrative economics : how stories go viral & drive major economic events, with a new preface by the author / Robert J. Shiller. - New Jersey : Princeton Publication : 2020. - xxviii, 377 pages : illustrations ; 21 cm

The Beginnings of Narrative Economics. The bitcoin narratives -- An adventure in consilience -- Contagion, constellation, and confluence -- Why do some narratives go viral? -- The laffer curve and Rubik's Cube go viral -- Diverse evidence on the virality of economic narratives -- The Foundations of Narrative Economics. Causality and constellations -- Seven propositions of narrative economics -- Perennial Economic Narratives. Recurrence and mutation -- Panic versus confidence -- Frugality versus conspicuous consumption -- The gold standard versus bimetallism -- Labor-saving machines replace many jobs -- Automation and artificial intelligence replace almost all jobs -- Real estate booms and busts -- Stock market bubbles -- Boycotts, profiteers, and evil business -- The wage-price spiral and evil labor unions -- Advancing Narrative Economics. Future narratives, future research -- Appendix: Applying epidemic models to economic narratives.

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Economics--Psychological aspects.
Economics--Sociological aspects.
Economic history.
Économie politique--Aspect psychologique.
Histoire économique.
Economic history
Economics--Psychological aspects
Economics--Sociological aspects

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