39 min listen
Robert Shiller on Narrative Economics
FromEconTalk
ratings:
Length:
62 minutes
Released:
Feb 3, 2020
Format:
Podcast episode
Description
Economist, author, and Nobel Laureate Robert Shiller of Yale University discusses his book Narrative Economics with EconTalk host Russ Roberts. Shiller proposes a novel idea--that the narratives that people believe and use to understand the world affect their economic behavior and in turn affect the macroeconomy. Shiller argues that taking these psychological effects into account is a new frontier of economic research and he gives a number of examples of how we might think about these phenomena.
Released:
Feb 3, 2020
Format:
Podcast episode
Titles in the series (100)
The Economics of Inheritance: How parents divide their time and money between their children and our concerns for what people think of us after we are gone, by Russ Roberts and Don Cox by EconTalk