Robert Schiller is the author of “Irrational Exubernance,” and a distinguished
professor of economics at Yale University in the US.
He wonders why, Greece, a country of 11 million people (only slightly larger than New York City) was on the brink of bringing the world economy down. Here’s his intriguing answer. Article
You actually make it seem so easy with your presentation but I find this matter to be actually something that I think I would never understand. It seems too complex and very broad for me. I’m looking forward for your next post, I?ll try to get the hang of it!
The idea that a good or powerful story makes the event seem more important than it is also suggests not only the power of the press, but their need to keep new news out there. I hope this helpds.