How Stories Go Viral and Drive Major Economic Events
Whether true or false, these stories (e.g., tech stocks can only go up, some firms are too big to fail) affect the economy by driving our decisions about how and where to invest, or how much to spend and save. Using a rich array of historical examples and data, Shiller argues that studying these stories 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.
Princeton University Press
10 and up