Explore the groundbreaking concept of "narrative economics" in this thought-provoking book talk featuring Nobel Prize-winning economist Robert J. Shiller. Delve into how viral stories and popular narratives can significantly influence economic behavior, market trends, and major financial events. Discover Shiller's innovative approach to understanding economic change through historical examples and data analysis. Learn about the power of storytelling in shaping economic confidence, panic, housing booms, and emerging technologies like Bitcoin. Gain insights into how studying these narratives can improve predictions and preparations for financial crises, recessions, and other economic challenges. Examine the interplay between digital media, social networks, and the spread of economic ideas. Consider the moral implications of narrative economics and its potential impact on inclusive capitalism. Reflect on the role of marketing, generational perspectives, and the importance of critically analyzing the sources of economic stories.
Overview
Syllabus
Introduction
Libby Franklin
Introductions
Bubbles
Digitization
Moral Imperative
Machines Replacing Jobs
Bitcoin
Digital Currencies
Narrative Economics
The Economists Hour
Rising Generations
Reading the Story
Who is Telling the Story
The Bottom Line
Marketing Department
Inclusive Capitalism
Moral Narratives
Multiple Narratives
Can Narratives Change Market Behavior
When People Give Up
Free Silver
Taught by
The Aspen Institute
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Reviews
5.0 rating, based on 1 Class Central review
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That was an awesome set of lessons. I hope to watch that again actually. I have such a huge interest in how popular view is sculpted, this has reinforced my understanding of how some popular opinions that takes ages to form and how group psychology…
