Carmine Gallo interviews Nobel-Prize Winning economist Robert Shiller
Carmine Gallo discussed the power of narratives to drive human behavior.
❝ Nobel Prize-winning economist, Robert Shiller, predicted the dot-com crash of 2000 and the housing crisis that triggered the Great Recession of 2007-2009. Although Shiller is trained in the science of data, he made his forecasts using the art of story.
“I think it’s important for people in a leadership position to get a realistic view of the world, to distinguish popular narratives from reality,” Shiller told me during a wide-ranging discussion about his new book, Narrative Economics: How Stories Go Viral and Drive Major Economic Events.
Three themes emerged from our conversation. First, the human mind is wired for story. Second, stories drive many of our business decisions like starting a business, saving or spending money or investing in the market. Third, leaders can build their immunity to mass panics … [Forbes.com]
| CARMINE GALLO is a best-selling author, popular keynote speaker, and advisor to the world’s most admired brands. Watch him talk about the role of passion in success below, and learn more about booking Carmine for your next event today. |
