Course Highlights
  • How and why certain stories go viral.
  • How viral narratives shape public beliefs and influence our decision making.
Curriculum

12 Topics
Course Introduction
The SIR Model
Epidemic Curves
Where is the Narrative Data?
Intro to Ngram
Law School
Fluctuations in Indicators
Prof. Shiller's Narrative
Inspirations
A Personal Note From Robert Shiller
Works Referenced in Module 1
Introduction to Narrative Economics

10 Topics
Introduction to Propositions
Proposition 1: Epidemics Can Be Fast or Slow Big or Small
Proposition 2: Important Economic Narratives May Comprise a Very Small Percentage of Popu lar Talk
Proposition 3: Narrative Constellations Have More Impact Than Any One Narrative
Proposition 4: The Economic Impact of Narratives May Change Through Time
Proposition 5: Truth Is Not Enough to Stop False Narratives
Proposition 6: Contagion of Economic Narratives Builds on Opportunities for Repetition
Proposition 7: Narratives Thrive on Attachment: Human Interest Identity and Patriotism
Works Referenced in Module 2
The Seven Propositions

12 Topics
Introduction to Perennial Narratives
Labor-Saving Machines Replace Many Jobs
Automation and Artificial Intelligence Replace Almost All Jobs
Frugality versus Conspicuous Consumption
Panic versus Confidence
The Gold Standard versus Bimetallism
Real Estate Booms and Busts
Stock Market Bubbles
Boycotts Profiteers and Evil Business
The Wage-Price Spiral and Evil Labor Unions
Works Referenced in Module 3
Perennial Narratives

7 Topics
Introduction to Consilience
Education
Leadership
Doing the Research
Your Own Narrative
Works Referenced in Module 4
Consilience

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Narrative Economics

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