Published Feb 3, 2020

Robert Shiller on Narrative Economics

Russ Roberts engages with Nobel Laureate Robert Shiller on the transformative power of narrative economics, unpacking how compelling stories drive economic behavior and shape policies, with a spotlight on historical insights like the Great Depression.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Russ Roberts

Robert Shiller on Narrative Economics

Topics covered

Popular Clips

The Influence of Cultural Attitudes

Understanding Motivation

Fear of Machines

The Power of Narratives

Personal Narratives

Understanding Economic Fluctuations

Dominance of Economic Narratives

The Fear of Automation

The Data Revolution

The Power of Narratives

The Power of Narratives

The Influence of Narratives

The Great Depression's Impact

Exploring Social Connections

Episode Highlights

Narrative Economics

Role of Modern Narratives

Great Depression Insights

Related Episodes

Robert Shiller on Housing and Bubbles

Gary Shiffman on the Economics of Violence

Steven Levitt on Freakonomics and the State of Economics

Robert Solow on Growth and the State of Economics

Robert Barro on Growth

Robert Frank on Economics Education and the Economic Naturalist

Russ Roberts on the Price of Everything

Robert Barro on Disasters

Paul Romer on Growth

Robert Hall on Recession, Stagnation, and Monetary Policy

Russ Roberts (and Robin Hanson) on Truth and Economics

Noah Smith on Whether Economics is a Science

Ed Leamer on Macroeconomic Patterns and Stories

Clay Shirky on Coase, Collaboration and Here Comes Everybody

Robert Frank on Dinner Table Economics

Robert Shiller on Narrative Economics

Topics covered

Popular Clips

Episode Highlights

Narrative EconomicsRobert Shiller, a Nobel Laureate, introduces the concept of narrative economics, emphasizing how stories shape economic behavior and influence macroeconomic trends. He argues that understanding these narratives is crucial for a comprehensive view of economic fluctuations.

Narrative Economics

Role of Modern NarrativesRobert Shiller explores how narratives influence economic policies and public perception. He argues that these stories are integral to understanding economic behavior and shaping macroeconomic trends.

Role of Modern Narratives

Great Depression InsightsRobert Shiller explores how narratives shape economic behavior, focusing on the Great Depression and technological fears. He emphasizes the role of stories in influencing both individual and macroeconomic decisions.

Great Depression Insights

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