Robert Schiller on Narrative Economics. Ideas as Epidemics
Yale economics professor Robert Shiller won the Nobel prize for his work on bubbles. He wrote a seminal book on…qz.com
Robert Schiller did not just write the book on bubbles. He’s the proponent of a fascinating theory of at least part of what drives the economy:
It’s something that we all understand intuitively — but Schiller puts it into words.
His paper on narrative economics is an extraordinary and worthwhile read.