Darun Asamoglu

Darun Asamoglu, a Nobel Prize-winning economist from MIT, dives into the captivating world of narrative economics. He explains how compelling stories can shape economic behavior, using the Suez Canal as a prime example. Asamoglu discusses the role of high-status individuals in amplifying narratives and how this influence can sway investment decisions. The conversation also highlights the pitfalls of relying on narratives, as seen in the contrasting outcomes of Suez and Panama, urging us to critically evaluate the stories that drive our economic choices.