000916358 000__ 04230cam\a2200421Ii\4500 000916358 001__ 916358 000916358 005__ 20210515184812.0 000916358 006__ m\\\\\o\\d\\\\\\\\ 000916358 007__ cr\un\nnnunnun 000916358 008__ 200102s2019\\\\njua\\\\ob\\\\001\0\eng\d 000916358 010__ $$z 2019016247 000916358 020__ $$a9780691189970$$q(electronic book) 000916358 020__ $$a0691189978$$q(electronic book) 000916358 020__ $$z9780691182292 000916358 035__ $$a(OCoLC)on1119982645 000916358 040__ $$aP@U$$beng$$erda$$epn$$cP@U$$dOCLCO$$dYDX$$dN$T$$dJSTOR$$dORU$$dUKAHL$$dK6U 000916358 049__ $$aISEA 000916358 05000 $$aHB74.P8$$bS47 2019eb 000916358 08204 $$a330$$223 000916358 1001_ $$aShiller, Robert J.,$$eauthor. 000916358 24510 $$aNarrative economics :$$bhow stories go viral & drive major economic events /$$cRobert J. Shiller. 000916358 264_1 $$aPrinceton, New Jersey :$$bPrinceton University Press,$$c[2019] 000916358 300__ $$a1 online resource (xxii, 377 pages) :$$billustrations. 000916358 336__ $$atext$$btxt$$2rdacontent 000916358 337__ $$acomputer$$bc$$2rdamedia 000916358 338__ $$aonline resource$$bcr$$2rdacarrier 000916358 504__ $$aIncludes bibliographical references and index. 000916358 5050_ $$aPreface: what is narrative economics? -- Part I: The beginnings of narrative economics -- The bitcoin narratives -- An adventure in consilience -- Contagion, constellations, and confluence -- Why do some narratives go viral? -- The Laffer curve and Rubik's Cube go viral -- Diverse evidence on the virality of economic narratives -- Part II: The foundations of narrative economics -- Causality and constellations -- Seven propositions of narrative economics -- Part III: Perennial economic narratives -- Recurrence and mutation -- Panic versus confidence -- Frugality versus conspicuous consumption -- The gold standard versus bimetallism -- Labor-saving machines replace many jobs -- Automation and artificial intelligence replace almost all jobs -- Real estate booms and busts -- Stock market bubbles -- Boycotts, profiteers, and evil business -- The wage-price spiral and evil labor unions -- Part IV: Advancing narrative economics -- Future narratives, future research -- Appendix: Applying epidemic models to economic narratives. 000916358 506__ $$aAccess limited to authorized users. 000916358 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. 000916358 588__ $$aDescription based on print version record. 000916358 650_0 $$aEconomic history. 000916358 650_0 $$aEconomics$$xSociological aspects. 000916358 650_0 $$aEconomics$$xPsychological aspects. 000916358 77608 $$iPrint version:$$aSchiller, Robert J.$$tNarrative economics.$$dPrinceton, New Jersey : Princeton University Press, [2019]$$z9780691182292$$w(DLC) 2019016247 000916358 852__ $$bcoll 000916358 85280 $$bebk$$hProQuest Ebook Central 000916358 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=5847663$$zOnline Access 000916358 909CO $$ooai:library.usi.edu:916358$$pGLOBAL_SET 000916358 980__ $$aEBOOK 000916358 980__ $$aBIB 000916358 982__ $$aEbook 000916358 983__ $$aOnline