Note: due to technical issues, this event was postponed on its original broadcast date of June 17. We apologize for the inconvenience of rescheduling and hope you can join us on July 2.
 

In this interactive forum, Robert Shiller SM '68, PhD '72, Sterling Professor of Economics at Yale University, will discuss his 2019 book Narrative Economics: How Stories Go Viral and Drive Major Economic Events, and take questions from participants. David Rotman, editor at large for MIT Technology Review, will moderate. 

About Narrative Economics

It isn't just diseases that go viral, it is also narratives, including economic narratives that change how people make economic decisions. In the current Covid-19 pandemic and in a world in which internet troll farms attempt to influence foreign elections, is it realistic to ignore the power of viral stories to affect economies? In this groundbreaking book, Nobel Prize–winning economist and New York Times bestselling author Robert Shiller offers a new way to think about the economy and economic change. Using a rich array of historical examples and data,

Shiller argues that studying popular stories that affect individual and collective economic behavior—what he calls “narrative economics”—has the potential to vastly improve our ability to predict, prepare for, and lessen the damage of financial crises, recessions, depressions, and other major economic events......[read more]