• “Public Attention Is Not Awarded Rationally. It Has To Be Carried by a Story”
    Robert J. Shiller, Kai Nedden/laif
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    For your knowledge advantage, we put together the most actionable insights from one getAbstract summary (one book with a total of 400 pages) on this topic. If you did this work yourself, you would be busy for at least 473 minutes (about 8 hours). Learn more.
    “Public Attention Is Not Awarded Rationally. It Has To Be Carried by a Story”

    In his new book, economist and Nobel laureate Robert Shiller argues that he and his fellow dismal scientists need to look beyond the usual data point: Stories are what really drive decisions to spend, save…

  • “When Piketty said returns on capital are high and only go higher, I thought he was wrong”
    Denise Hearn and Jonathan Tepper / mythofcapitalism.com
    “When Piketty said returns on capital are high and only go higher, I thought he was wrong”

    Income inequality within nations has increased steeply since 1980. This fact has become widely accepted as an elemental “flaw” of capitalism. Economists Denise Hearn and Jonathan Tepper disagree and give a different explanation: where there…