Narrative Economics book cover

Narrative Economics by Robert J. Shiller Summary

Narrative Economics
Robert J. Shiller
3.62 (2614 Reviews)
Economics
Business
Finance
Overview
Key Takeaways
Author
FAQs

Overview of Narrative Economics

Nobel laureate Robert Shiller reveals how viral stories - not just data - drive economic booms and crashes. Using innovative digital analysis, he shows why understanding narratives could help predict the next financial crisis. Even central bankers are taking notes.

Similar books to Narrative Economics

Start Reading Your Way
Quick Summary9 min

Feel the book through the author's voice

Deep Dive42 min

Turn knowledge into engaging, example-rich insights

Flash Card6 insights

Capture key ideas in a flash for fast learning

Fun19 min

Enjoy the book in a fun and engaging way

More like this

book cover
Irrational Exuberance
Robert J. Shiller
book cover
A Little History of Economics
Niall Kishtainy
book cover
How an Economy Grows and Why It Crashes
Schiff
book cover
Narrative and Numbers
Aswath Damodaran
book cover
How Economics Explains the World
Andrew Leigh
book cover
Phishing for Phools
George A. Akerlof & Robert J. Shiller
book cover
Don’t Buy It
Anat Shenker-Osorio
book cover
The Psychology of Money
Morgan Housel
book cover
Going Solo
Eric Klinenberg
book cover
The Problems of Philosophy
Bertrand Russell
book cover
Everybody Writes
Ann Handley

Key takeaways

1

Stories That Move Markets: How Narratives Shape Our Economic World

play
00:00
00:00

Why did Bitcoin skyrocket despite having no intrinsic value? What drove Americans to buy overpriced homes before the 2008 crash? Nobel Prize-winning economist Robert J. Shiller reveals a powerful truth: viral stories drive economic behavior far more than rational analysis. Traditional economics focuses on mathematical models and rational actors, but Shiller demonstrates that contagious narratives-spreading like epidemics through populations-trigger booms, busts, and everything in between. These stories don't just reflect economic reality; they create it. When we understand the narratives driving markets, we gain insight into seemingly irrational economic behavior that mathematical models simply can't explain.

2

The Bitcoin Phenomenon: Narrative Creates Value from Nothing

3

Why Some Stories Go Viral: The Science of Narrative Contagion

4

From Panic to Confidence: Narratives That Drive Economic Cycles

5

The Moral Dimensions of Money: Frugality versus Conspicuous Consumption

6

The Robots Are Coming: Technology Displacement Narratives

7

Predicting the Next Crisis: The Future of Narrative Economics

Explore Your Way of Learning
Narrative Economics isn't just a book — it's a masterclass in Economics. To help you absorb its lessons in the way that works best for you, we offer five unique learning modes. Whether you're a deep thinker, a fast learner, or a story lover, there's a mode designed to fit your style.

Quick Summary Mode - Read or listen to Narrative Economics Summary in 9 Minutes

Quick Summary
Quick Summary
Narrative Economics Summary in 9 Minutes

Break down key ideas from Narrative Economics into bite-sized takeaways to understand how innovative teams create, collaborate, and grow.

play
00:00
00:00

Flash Card Mode - Top 6 Insights from Narrative Economics in a Nutshell

Flash Card
Flash Card
Top 6 Insights from Narrative Economics in a Nutshell

Distill Narrative Economics into rapid-fire memory cues that highlight Pixar’s principles of candor, teamwork, and creative resilience.

Flash Mode Swiper

Fun Mode - Narrative Economics Lessons Told Through 19-Min Stories

Fun
Fun
Narrative Economics Lessons Told Through 19-Min Stories

Experience Narrative Economics through vivid storytelling that turns Pixar’s innovation lessons into moments you’ll remember and apply.

play
00:00
00:00

Personalize Mode - Read or listen to Narrative Economics Summary in 0 Minutes

Personalize
Personalize
Experience Narrative Economics in your own way.

Ask anything, pick the voice, and co-create insights that truly resonate with you.

Personalize Mode

From Columbia University alumni built in San Francisco

BeFreed Brings Together A Global Community Of 200,000+ Curious Minds

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star
Start your learning journey, now
Download This Summary

Get the Narrative Economics summary as a free PDF or EPUB. Print it or read offline anytime.