Robert J. Shiller

Narrative Economics (MP3-Download)

How Stories Go Viral and Drive Major Economic Events Ungekürzte Lesung. 667 Min.
Sprecher: Osman, Susan

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Produktbeschreibung

An audiobook narrated by esteemed BBC television journalist and anchor Susan Orman, with an introduction read by the author himself—Nobel Prize-winning economist and bestselling writer Robert Shiller 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. The stories people tell—about economic confidence or panic, housing booms, the American dream, or Bitcoin—affect economic outcomes. Narrative Economics explains how we can begin to take these stories seriously. It may be Robert Shiller's most important book to date.

Produktdetails

• Verlag: Princeton University Press
• Erscheinungstermin: 1. Oktober 2019
• Sprache: Englisch
• ISBN-13: 9780691199054
• Artikelnr.: 71834051

Autorenporträt

Robert J. Shiller is a Nobel Prize-winning economist, the author of the New York Times bestseller Irrational Exuberance, and the coauthor, with George A. Akerlof, of Phishing for Phools and Animal Spirits, among other books (all Princeton). He is Sterling Professor of Economics at Yale University and a regular contributor to the New York Times. He lives in New Haven, Connecticut. Twitter @RobertJShiller

Rezensionen

"Finalist for the Best Book Published by a University Press, Digital Book World Awards"

Frankfurter Allgemeine Zeitung | Besprechung von 16.09.2019

Narrative Ökonomik
Wie Geschichten Wirtschaft und Kurse machen

Welchen Einfluss haben Erzählungen oder auch bloßes Geschwätz auf Wirtschaft und Börse in einer Zeit, in der Internet-Trolle in der Politik Einfluss auf Wahlen nehmen wollen? Dieser Frage geht Robert Shiller, der für seine Forschungen in der Finanzökonomik den Nobel-Gedächtnispreis für Wirtschaftswissenschaften erhalten hat, in seinem neuen Buch nach. Nicht zuletzt fragt er sich, welche Rolle Medien in der Verbreitung von Narrativen spielen, die an den Finanzmärkten zum Zyklus von Boom und Krach führen. Die Vorstellung, dass die Kurse von Technologieaktien eigentlich nur steigen können, ist natürlich absurd - aber wie viele eigentlich vernünftige Leute hatten dies zwischen 1997 und 2000 verdrängt?

F.A.Z.

Robert Shiller: Narrative Economics. Princeton University Press. Princeton 2019. 378 Seiten. 25,59 Dollar.

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