Narrative Economics

Regular price €43.99
Regular price €44.99 Sale Sale price €43.99
A01=Robert J. Shiller
Age Group_Uncategorized
Age Group_Uncategorized
American Dream Downpayment Assistance Act
Author_Robert J. Shiller
automatic-update
Ayn Rand
Bank failure
Bank run
Betterment
Bitcoin
Boycott
Category1=Non-Fiction
Category=JMH
Category=KC
Category=KCK
Category=KFF
COP=United States
Corporate raid
Cult of the offensive
Delivery_Delivery within 10-20 working days
Demagogue
Depression (economics)
Dot-com bubble
Economics
eq_business-finance-law
eq_isMigrated=2
eq_non-fiction
eq_society-politics
Exhaustion
Exploitation of natural resources
Fake news
Fannie Mae
Financial crisis
Financial crisis of 2007–08
Financial distress
Flipping
Great Depression
Great Recession
Gresham's law
Home appliance
Hooverville
Identity economics
Inflation
Institutional investor
Involuntary unemployment
Irrational exuberance
John Maynard Keynes
Language_English
Market Revolution
Narrative
National Bureau of Economic Research
National Industrial Recovery Act
Newspaper
Otto Eckstein
Overproduction
Oxytocin
PA=Available
Panic of 1857
Panic of 1893
Policy
Price gouging
Price_€20 to €50
Profiteering (business)
Progressive tax
PS=Active
Purchasing power
Real estate appraisal
Real estate bubble
Recession
Red Scare
Retail price index
Richard Hofstadter
softlaunch
Stock market
Stock market crash
Superiority (short story)
Tax
Technocracy
Technocracy movement
Technological unemployment
The Theory of the Leisure Class
Thorstein Veblen
Tulip mania
Underconsumption
Unemployment
Upward Spiral
Usury
War bond
War crime
William Stanley Jevons

Product details

  • ISBN 9780691182292
  • Dimensions: 155 x 235mm
  • Publication Date: 01 Oct 2019
  • Publisher: Princeton University Press
  • Publication City/Country: US
  • Product Form: Hardback
  • Language: English
Delivery/Collection within 10-20 working days

Our Delivery Time Frames Explained
2-4 Working Days: Available in-stock

10-20 Working Days
: On Backorder

Will Deliver When Available
: On Pre-Order or Reprinting

We ship your order once all items have arrived at our warehouse and are processed. Need those 2-4 day shipping items sooner? Just place a separate order for them!

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 viruses

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. It may be Robert Shiller's most important book to date.

Robert J. Shiller is a Nobel Prize–winning economist, the author of the New York Times bestseller Irrational Exuberance, and the coauthor, with George A. Akerlof, of Phishing for Phools and Animal Spirits, among other books (all Princeton). He is Sterling Professor of Economics at Yale University and a regular contributor to the New York Times. He lives in New Haven, Connecticut. Twitter @RobertJShiller