by Summary:
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 MumblingNarrative Economics: a reviewChris Dillow | Investors Chronicle
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Mike Norman considers the following as important: narrative economics, Robert Shiller
This could be interesting, too:
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 MumblingNarrative Economics: a reviewChris Dillow | Investors Chronicle
Topics:
Mike Norman considers the following as important: narrative economics, Robert Shiller
This could be interesting, too:
Mike Norman writes “Is the Market Actually Efficient? No, It Is Only a Very Powerful Narrative” — Christoph Gisiger interviews Robert Shiller
Mike Norman writes Once upon a time — Diane Coyle
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.