How Stories Go Viral and Drive Economic Events

Money For the Rest of Us - Ein Podcast von J. David Stein - Mittwochs

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How the stories we tell ourselves lead to economic change. What are current pandemic related narratives that are impacting financial markets and the economy. Topics covered include:Examples of mathematical models for epidemics.What are the risks when the global economy is opened again.Under what circumstances do individuals rely on anecdotal evidence rather than statistics.What are some propositions that underly how economic narratives spread.What are some examples of major narratives that impact the economy.How humans have a bias toward action and how to deal with that when the best course is to stay in place.Should investors be increasing their stock exposure now that the markets are rallying and central banks are taking aggressive action. Thanks to Policygenius and LinkedIn for sponsoring the episode. For show notes and more information on this episode click here.

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