The world is ruled not by money, but by stories. About Bitcoin, which is worth thousands of dollars because people believed in it. About giant companies that “cannot” go bankrupt. About stock prices that will “definitely” collapse next month. Robert Shiller was the first to point out that economic models based on viral stories—narratives—are more accurate. And he received the Nobel Prize for this. According to his theory, by studying stories supported by people's faith and taking the form of an “information epidemic”, more accurate forecasts can be made. Such forecasts can prepare humanity for economic shocks and reduce their potential damage. This is exactly what is discussed in Narrative Economics. Robert Shiller is an American economist, professor of economics at Yale University, winner of the 2013 Nobel Prize in Economics, and New York Times bestselling author. .