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001 21485670
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008 200331t20202019njua b 001 0 eng d
010 _a 2020936098
020 _a9780691210261
_q(paperback)
020 _a0691210268
_q(paperback)
020 _z9780691182292
_q(cloth)
020 _z9780691189970
_q(ebook)
035 _a21485670
035 _a(OCoLC)1143348426
040 _aYDX
_beng
_cYDX
_dBDX
_dOCLCQ
_dGZD
_dOCLCF
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042 _alccopycat
050 0 0 _aHB74.P8
_bS47 2020
082 0 4 _a330
092 _2330
100 1 _aShiller, Robert J.,
_eauthor.
245 1 0 _aNarrative economics :
_bhow stories go viral & drive major economic events, with a new preface by the author /
_cRobert J. Shiller.
246 3 0 _aHow stories go viral & drive major economic events
246 3 _aHow stories go viral and drive major economic events
264 1 _aPrinceton, New Jersey :
_bPrinceton University Press,
_c2020.
264 4 _c©2019
300 _axxviii, 377 pages :
_billustrations ;
_c21 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 325-349) and index.
505 0 _aThe Beginnings of Narrative Economics. The bitcoin narratives -- An adventure in consilience -- Contagion, constellation, and confluence -- Why do some narratives go viral? -- The laffer curve and Rubik's Cube go viral -- Diverse evidence on the virality of economic narratives -- The Foundations of Narrative Economics. Causality and constellations -- Seven propositions of narrative economics -- Perennial Economic Narratives. Recurrence and mutation -- Panic versus confidence -- Frugality versus conspicuous consumption -- The gold standard versus bimetallism -- Labor-saving machines replace many jobs -- Automation and artificial intelligence replace almost all jobs -- Real estate booms and busts -- Stock market bubbles -- Boycotts, profiteers, and evil business -- The wage-price spiral and evil labor unions -- Advancing Narrative Economics. Future narratives, future research -- Appendix: Applying epidemic models to economic narratives.
520 _a"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"--Provided by publisher
650 0 _aEconomics
_xPsychological aspects.
650 0 _aEconomics
_xSociological aspects.
650 0 _aEconomic history.
650 6 _aÉconomie politique
_xAspect psychologique.
650 6 _aHistoire économique.
650 7 _aEconomic history
_2fast
_0(OCoLC)fst00901974
650 7 _aEconomics
_xPsychological aspects
_2fast
_0(OCoLC)fst00902172
650 7 _aEconomics
_xSociological aspects
_2fast
_0(OCoLC)fst00902213
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999 _c2650
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