Narrative Economics: How Stories Govern Our Economy:
• Explores how the stories of our lives shape economic forces, decisions, and outcomes.
• Shows the importance of storytelling in economics, how economic decisions are made, and how to use narratives to predict economic trends.
• Examines topics such as the global financial crisis, inflation, the innovation economy, and more.
• Offers key learnings on macroeconomics, economic policymaking, and geopolitics.
As a UX designer, you may find Narrative Economics worthwhile as it emphasizes the importance of stories in driving decisions. It can broaden your understanding of UX from focusing solely on the user experience and better appreciate why stories matter when it comes to economics, and how we can use them to predict economic trends. Other related books you may find interesting are Economy & Society: An Outline of Interpretive Sociology by Max Weber and The Great Transformation: Political and Economic Origins of Our Time by Karl Polanyi.
🎀 Highlights
financial markets and economies sometimes behave in strange ways?
consumers, the businesspeople, the politicians – are more complicated than any set of statistics can reveal.
they have their own stories
what epidemics can teach us about viral stories;
Bitcoiners think they’re special;
investors behaved differently during the two world wars.
a narrative can describe a collective story or belief shared by a group of people.
predicted that Germany would become deeply embittered by the heavy reparations they were required to pay after World War One.
Satoshi Nakamoto posted a link to a paper that they’d written called Bitcoin: A Peer-to-Peer Electronic Cash System.
ask them about the technology behind the cryptocurrency, like the “Merkle tree” or the “Elliptical Curve Digital Signature,” it’s likely you’d be met with blank stares.
the promise of a new way of doing things
the old currencies, displaying their dead kings, queens, and presidents.
“Bitcoiners” think of themselves as savvy, future-orientated citizens of the world.
narrative in the world of money.
study of epidemics can tell us a lot about economic narratives.
“epidemics.” Take a contagious disease, like Ebola or a strain of coronavirus.
like Ebola or a strain of coronavirus.
When these people outnumber those who are “contagious” – those spreading the narrative – the story dies quite quickly.
model our economic and political responses accordingly.
studying the pattern of epidemics, we can get ahead of certain contagious stories and model our economic and political responses accordingly.
your next-door neighbor is an anti-social grouch
your next-door neighbor is an anti-social grouch who puts spikes on their garden fence to deter cats.
If a cat in your neighborhood suddenly went missing, the narrative that your neighbor hates cats would suddenly seem more important.
essentially miserable person
financial markets and economies sometimes behave in strange ways?
consumers, the businesspeople, the politicians – are more complicated than any set of statistics can reveal.
they have their own stories
what epidemics can teach us about viral stories;
Bitcoiners think they’re special;
investors behaved differently during the two world wars.
a narrative can describe a collective story or belief shared by a group of people.
predicted that Germany would become deeply embittered by the heavy reparations they were required to pay after World War One.
Satoshi Nakamoto posted a link to a paper that they’d written called Bitcoin: A Peer-to-Peer Electronic Cash System.
ask them about the technology behind the cryptocurrency, like the “Merkle tree” or the “Elliptical Curve Digital Signature,” it’s likely you’d be met with blank stares.
the promise of a new way of doing things
the old currencies, displaying their dead kings, queens, and presidents.
“Bitcoiners” think of themselves as savvy, future-orientated citizens of the world.
narrative in the world of money.
study of epidemics can tell us a lot about economic narratives.
“epidemics.” Take a contagious disease, like Ebola or a strain of coronavirus.
like Ebola or a strain of coronavirus.
When these people outnumber those who are “contagious” – those spreading the narrative – the story dies quite quickly.
model our economic and political responses accordingly.
studying the pattern of epidemics, we can get ahead of certain contagious stories and model our economic and political responses accordingly.
your next-door neighbor is an anti-social grouch
your next-door neighbor is an anti-social grouch who puts spikes on their garden fence to deter cats.
If a cat in your neighborhood suddenly went missing, the narrative that your neighbor hates cats would suddenly seem more important.
essentially miserable person
financial markets and economies sometimes behave in strange ways?
consumers, the businesspeople, the politicians – are more complicated than any set of statistics can reveal.
they have their own stories
what epidemics can teach us about viral stories;
Bitcoiners think they’re special;
investors behaved differently during the two world wars.
a narrative can describe a collective story or belief shared by a group of people.
predicted that Germany would become deeply embittered by the heavy reparations they were required to pay after World War One.
Satoshi Nakamoto posted a link to a paper that they’d written called Bitcoin: A Peer-to-Peer Electronic Cash System.
ask them about the technology behind the cryptocurrency, like the “Merkle tree” or the “Elliptical Curve Digital Signature,” it’s likely you’d be met with blank stares.
the promise of a new way of doing things
the old currencies, displaying their dead kings, queens, and presidents.
“Bitcoiners” think of themselves as savvy, future-orientated citizens of the world.
narrative in the world of money.
study of epidemics can tell us a lot about economic narratives.
“epidemics.” Take a contagious disease, like Ebola or a strain of coronavirus.
like Ebola or a strain of coronavirus.
When these people outnumber those who are “contagious” – those spreading the narrative – the story dies quite quickly.
model our economic and political responses accordingly.
studying the pattern of epidemics, we can get ahead of certain contagious stories and model our economic and political responses accordingly.
your next-door neighbor is an anti-social grouch
your next-door neighbor is an anti-social grouch who puts spikes on their garden fence to deter cats.
If a cat in your neighborhood suddenly went missing, the narrative that your neighbor hates cats would suddenly seem more important.
