Robert Shiller on Narrative Economics
EconTalk
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The Power of Economic Narratives
This chapter explores how storytelling shapes human behavior and influences economic beliefs throughout history. It examines the critical role narratives play in understanding economic fluctuations, public perception, and decision-making processes, highlighting the importance of storytelling in both historical events and contemporary economics. The discussion also integrates empirical evidence and the impact of modern figures on shaping these narratives within the U.S. economy.
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