000			03814cam a2200373 i 4500
001			1108803485
003			OCoLC
005			20220917113227.0
008			190710s2019 njuad b 001 0 eng
010			_a2019016247
020			_a9780691182292 _q(hardcover)
020			_a0691182299 _q(hardcover)
020			_z9780691189970 _q(e-book)
035			_a(OCoLC)1108803485
040			_aDLC _beng _erda _cDLC _dOCLCO _dOCLCF _dBDX _dZCY _dYDX _dVP@ _dBDP _dIUL _dBNG _dCHVBK _dBNG _dMUU _dOCLCO _dJQM
042			_apcc
050	0	0	_aHB74.P8 _bS47 2019
055		3	_aPurchase on request / Achat sur demande
082	0	0	_a330 _223
100	1		_aShiller, Robert J., _eauthor _99272
245	1	0	_aNarrative economics : _bhow stories go viral & drive major economic events / _cRobert J. Shiller
264		1	_aPrinceton : _bPrinceton University Press, _c[2019]
300			_axxii, 377 pages : _billustrations, charts ; _c25 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index
505	0		_aPreface: what is narrative economics? -- Part I: The beginnings of narrative economics -- The bitcoin narratives -- An adventure in consilience -- Contagion, constellations, 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 -- Part II: The foundations of narrative economics -- Causality and constellations -- Seven propositions of narrative economics -- Part III: 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 -- Part IV: Advancing narrative economics -- Future narratives, future research -- Appendix: Applying epidemic models to economic narratives
520			_a"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. He ends his book with a blueprint for future research by economists on narrative economics"-- _cProvided by publisher
650		0	_aEconomics _xPsychological aspects _99273
650		0	_aEconomics _xSociological aspects _99274
650		0	_aEconomic history _99275
942			_2ddc _cBK
999			_c12735 _d12719