Narrative economics : how stories go viral and drive major economic events
(Book)
Author
Published
Princeton : Princeton University Press, [2019].
Physical Desc
xxii, 377 pages : illustrations ; 25 cm
Status
White City Library Branch
330 SHI 2019
1 available
330 SHI 2019
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
White City Library Branch | 330 SHI 2019 | On Shelf |
More Details
Published
Princeton : Princeton University Press, [2019].
Format
Book
Language
English
Notes
Bibliography
Includes bibliographical references (pages 301-349) and index.
Citation/References
Kirkus Reviews,,September 01, 2019
Description
"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known as behavioral economics. How can economists effectively capture the effects of psychology and its influence on economic events and change? Shiller attempts to help us better understand how psychology affects events by explaining how popular economic stories arise, how they grow viral, and ultimately how they drive economic developments. After defining narrative economics in the book's preface with allusions to the advent of both the Great Depression and to World War II, Shiller presents an example of a recent economic narrative gone viral in the story of Bitcoin. Next, he explains how narrative economics works with reference to how other disciplines incorporate narrative into their analyses and also to how epidemiology explains how disease goes viral. He then presents accounts of recurring economic narratives, including the gold standard, real estate booms, war and depression, and stock market booms and crashes..."--,Provided by publisher.
Citations
APA Citation, 7th Edition (style guide)
Shiller, R. J. (2019). Narrative economics: how stories go viral and drive major economic events . Princeton University Press.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Shiller, Robert J.. 2019. Narrative Economics: How Stories Go Viral and Drive Major Economic Events. Princeton University Press.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Shiller, Robert J.. Narrative Economics: How Stories Go Viral and Drive Major Economic Events Princeton University Press, 2019.
MLA Citation, 9th Edition (style guide)Shiller, Robert J.. Narrative Economics: How Stories Go Viral and Drive Major Economic Events Princeton University Press, 2019.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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