.

argues that policymakers should play a much larger role in steering technology in the right directions. . ""Any given scenario can allow for multiple narratives, both actual and potential.

""Many economists argue that the US housing market and economy are still on solid foundations, but ignore .

You should receive an activation email shortly. ""Shiller has none of the salesman-like bluster of the stock pickers clamouring for attention on business "What causes the recurrent bubbles and busts in financial markets that create so much disruption in our lives? "—John Quiggin, author of How Stories Go Viral and Drive Major Economic EventsHow Stories Go Viral and Drive Major Economic Events

We had between 291,000 and 646,000 deaths worldwide from influenza in 2017, https://www.cdc.gov/media/releases/2017/p1213-flu-death-estimate.html and most of us didn't hear of that at all.

. If your email exists in our system, we'll send you an email with a link to reset your password.

Please note that the link will expire twenty-four hours after the email is sent. Armed with this understanding, we gain a far richer understanding of how economies behave. the results are fascinating, and sometimes startling. Shiller offers a range of answers, starting with the most obvious: a narrative is compelling when it is engaging and well expressed. .

""What’s surprising, perhaps, is that the gearheads in academic economics departments may finally be getting wind of all this.

. Narrative economics, he argues, can explain what statistics miss, and shows how viral shifts in economic thinking resemble real epidemics.

given in this book and will gain a much better understanding of the role of stories, especially in view of the speed of modern contagions. In this groundbreaking book, Nobel Prize–winning economist and "Shiller is one of the world’s most original economists. . . If you can't find this email, please check your spam folder. Robert J. Shiller is a Nobel Prize–winning economist, the author of Narrative Economics and 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). Hardcover

.

In this fascinating book, Robert Shiller argues that what really matters is a good story.

""Economics is the study of people at work, but where are the people? . "—Diane Coyle, University of Cambridge "In this highly readable and entertaining book, Robert Shiller, extending the idea of contagious narratives with profound economic effects beyond stock-market and housing bubbles, ranges widely from old debates about the gold standard to the latest impacts of artificial intelligence. Because his book is very well written, Shiller himself has satisfied this criterion.   . If they are, much of the credit must go to Robert J. Shiller, the Yale economist who won the Nobel Prize in his field in 2013. By proceeding, you are agreeing to our

He is the author of Irrational Exuberance, Phishing for Phools: The Economics of Manipulation and Deception (with George Akerlof), and Narrative Economics: How Stories Go Viral and Drive Major Economic Events. Especially timely in the current social media-obsessed era, because narratives—both real and false—can spread globally with just a few swipes, affecting not just economic activity, but ultimately the balance of geopolitical power. It is full of amusing and apposite quotations, and interesting detail. .

is an enjoyable and well-informed description of such narratives.

""This book alone should be enough to convince readers that assumptions about “given” preferences and “rational” utility-maximizing actors are totally inadequate for predicting economic and social events. .

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