Narrative economics book review
Book Review: Narrative Economics: How Stories Go Viral and Narrative Economics: How Stories Go Viral and Drive Major Narrative Economics: How Stories Go Viral and Drive Major Narrative Economics: How Stories Go Viral and Drive Major A Nobel laureate, Yale economics professor and caller-out of the millennial-era bubbles in houses and dot-com equities, Mr. Shiller now entreats his fellow economists to make room for “narratives”... To document the process of narrative shifts alongside economic statistics and policy decisions would be even more fascinating that the narrative descriptions already in the book. So you should read this book, but it is only a. Jonathan Portes of King’s College London reviews Narrative Economics: How Stories Go Viral & Drive Major Economic Events by Robert J. Shiller. About. Robert Shiller’s mission in this book is to convince us of the opposite—that economic facts are indeed driven by our feelings. In Narrative Economics: How Stories Go Viral and Drive Major Economic Events, Robert J.
Shiller argues for the significance of narrative. The book reviews narratives that coincided with economic upturns, downturns, wars, and hyperinflation. Several of the insights are quite interesting and show some of the differences between what we hear after the fact and what people were thinking at the time. As logical as these insights are they tend to be a little anticlimactic. Narrative Economics book. Read 201 reviews from the world's largest community for readers. From Nobel Prize–winning economist and New York Times bestse... Narrative Economics book. Read 201 reviews from the world's largest community for readers. Chapter 1 – Narrative economics thinks of the combined tales that shape economic behavior. If you see an economist on air, it’ll catch your attention that economists talk by using figures virtually all the time. You’ll notice that they employ words such as “GDP” or “inflation” while talking about a past stock-market crash or an imminent recession.