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Narrative Economics: How Stories Go Viral and Drive Major Economic Events PDF ebook

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Buy Narrative Economics: How Stories Go Viral and Drive Major Economic Events PDF ebook by author Robert J. Shiller published by Princeton University Press in 2019 and save up to 80%  compared to the print version of this textbook. With PDF version of this textbook, not only save you money, you can also highlight, add text,…

SKU: 9780691210261
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Buy Narrative Economics: How Stories Go Viral and Drive Major Economic Events PDF ebook by author Robert J. Shiller published by Princeton University Press in 2019 and save up to 80%  compared to the print version of this textbook. With PDF version of this textbook, not only save you money, you can also highlight, add text, underline add post-it notes, bookmarks to pages, instantly search for the major terms or chapter titles, etc.
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eBook Details:

Full title: Narrative Economics: How Stories Go Viral and Drive Major Economic Events
Edition:
Copyright year: 2019
Publisher: Princeton University Press
Author: Robert J. Shiller
ISBN: 9780691210261, 9783030271039
Format: PDF

Description of Narrative Economics: How Stories Go Viral and Drive Major Economic Events:
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 Stories people tell-about financial confidence or panic, housing booms, or Bitcoin-can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril-and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior-what he calls “narrative economics”-may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.

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