Category: ideas

Charting the long-term impact of economic ideas – The rise and fall of growth narratives

The ways in which academics and researchers develop narratives to operationalize key concepts in their field can have significant impacts. Taking the example of economic research, Reda Cherif and Fuad Hasanov explore the formation and diffusion of economic growth narratives and discuss what this reveals about the role of ideas in shaping socio-economic change. Narratives … Continued

Book Review: Narrative Economics: How Stories Go Viral and Drive Major Economic Events by Robert J. Shiller

In Narrative Economics: How Stories Go Viral and Drive Major Economic Events, Robert J. Shiller argues for the significance of narrative when it comes to understanding the drivers of economic events, arguing that contagious narratives not only play a causal role in their unfolding but also that such events transform our narratives. The book raises important issues, writes … Continued