Discover the power of stories in shaping economic events with “Narrative Economics” by Nobel Prize-winning economist Robert Shiller. This compelling book explores how viral narratives about financial confidence, housing booms, and cryptocurrencies profoundly impact our economies. Shiller argues that traditional economics has overlooked the scientific study of these popular stories, termed “narrative economics.” By analyzing diverse examples and data, he reveals how understanding these influential narratives can significantly improve our ability to predict, prepare for, and mitigate financial crises. “Narrative Economics” offers a revolutionary perspective on economic change, presenting a new framework for understanding and navigating the complexities of the modern economy. Learn why stories matter and how their study can lead to more stable economic futures.