DiscoverEconTalkRobert Shiller on Narrative Economics
Robert Shiller on Narrative Economics

Robert Shiller on Narrative Economics

Update: 2020-02-036
Share

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.
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Robert Shiller on Narrative Economics

Robert Shiller on Narrative Economics

EconTalk: Russ Roberts