![]() ![]() ![]() These narratives, often with a moral or a lesson, shape our perceptions and guide our actions.Ī voice from the audience interrupted, “But why stories? Why not equations and diagrams?” I believe stories have a unique way of capturing the essence of human experiences. Stories, with their compelling narratives, have the ability to change our thinking over time, leading to significant economic events. I couldn’t help but question the extent of our reliance on stories. This perspective emerged as we delved into the fascinating realm of numbers, economic models, and personal anecdotes. ![]() In this week’s column, we continue the discussion from last week’s piece, where I shared my insights on how economists can change the game. Economics is haunted by more fallacies than any other study known to man – Henry Hazlitt, American economist, 1894-1993 ![]()
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