Narrative Economics

This address considers the epidemiology of narratives relevant to economic fluctuations. The human brain has always been highly tuned toward narratives, whether factual or not, to justify ongoing actions, even such basic actions as spending and investing. Stories motivate and connect activities to d...

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Bibliographic Details
Published in:The American economic review 2017-04, Vol.107 (4), p.967-1004
Main Author: Shiller, Robert J.
Format: Article
Language:English
Subjects:
Brain
Business cycles
Disease models
Economic depression
Economic fluctuations
Economic impact
Economic models
Economic recessions
Epidemics
Epidemiology
Expenditures
Great Depression
Laffer curve
Narrative modes
Narratives
Political economy
Quantitative analysis
Recessions
Stock markets
Written narratives
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