The Prospect Podcast #99: Robert Shiller’s narrative economics
Plus why the yield curve is not all that reliable
Nobel Prize-winning economist Robert Shiller joins this week’s Prospect podcast to discuss what he calls “narrative economics”: the process of stories driving economic events. We often think our narratives—recessions, difficult jobs, bringing back jobs—come as a result of our economic realities. What if they also drove them?
Robert Shiller’s Narrative Economics: How Stories Go Viral and Drive Major Economic Events is out with Princeton University Press.
Plus: Tom Clark and Sameer Rahim in today’s stagnated growth
Find all episodes of the Prospect podcast here
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