Friday, October 25, 2019

Narrative Economics: a review — Chris Dillow


Short review of Richard J. Shiller's Narrative Economics. (The links are important.)

How narratives shape presumptions as hidden assumptions, expectations and confidence that affect risk appetite, and behavior, including economic behavior, questioning how "rational" homo economicus actually is. 

The post suggests the importance to TPTB of maintaining narrative control.

Stumbling and Mumbling
Narrative Economics: a review
Chris Dillow | Investors Chronicle

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