Shiller’s Narrative Economics

Robert Shiller starts one of his lectures writing “RITUPARNA” on the board, asking the students who it was. Nobody knew. In Mahabharata, King Rituparna gave Nala, disguised as Bahuka, his charioteer, an estimate of the leaves and fruits on the branches of the Vibhitaka tree, and those on the ground. Nala counted and confirmed the estimate. Rituparna would teach Nala the art of gambling in exchange for the skills of a charioteer. Continue reading “Shiller’s Narrative Economics”


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