economists tell stories

Economists tell stories to simplify complex economic concepts. For example, when explaining inflation, they might tell a story about how a family's grocery bill has increased over time. This makes it easier for the general public, who may not have a deep economic background, to understand.

They use real - life examples. For example, when talking about economic growth, they can mention the development of a particular industry in a certain region like the tech boom in Silicon Valley.

It could be science fiction works created by economists. Maybe they use economic concepts in fictional scenarios, like imagining future economies in a post - apocalyptic world where barter systems are reinvented in unique ways.

Among the economists who read science fiction, you might find Janet Yellen. She's said that science fiction broadens her thinking and offers unique insights that can sometimes relate to economic concepts in unexpected ways. Also, Lawrence Summers is known to enjoy a good science fiction story from time to time.

Economists get novel data by being innovative. They might use machine learning techniques to extract information from large and complex datasets. They also keep an eye on emerging trends and developments to identify new sources of data that can help them in their research and analysis.

An example might be a short story where economists in a post - scarcity society (where resources are abundant due to advanced technology) have to find new ways to measure wealth and progress. Another could be a science fiction work that looks at the economic impact of a plague that wipes out a large portion of the working population in a world. How do the remaining people restructure the economy? Do they turn to more automated systems? How do they deal with debt and ownership in such a situation?

The story of 'The Babysitter' is also quite spooky. A babysitter is alone in a big house with the children asleep upstairs. She starts getting strange phone calls. The caller asks if she has checked on the children. She gets creeped out but dismisses it as a prank. But the calls keep coming. Eventually, she calls the police, who trace the call. They tell her to get out of the house immediately. When she asks why, they say the calls are coming from inside the house. This story builds tension through the sense of isolation and the mystery of the caller.

One such story could be about a haunted house. There was an old, dilapidated mansion on the outskirts of town. People said that at night, you could see a figure in the attic window. A group of teenagers once decided to explore it. As they entered, the doors slammed shut behind them. They heard strange creaking noises and whispers. When they tried to leave, they found that all the exits were blocked. In the end, they were chased by an unseen force until they managed to break a window and escape.

They can tell stories of cultural exchange. An imported porcelain vase in a local museum might tell how trade routes were established and how different cultures influenced each other. The design elements on the vase might be a blend of different cultural aesthetics, which shows the interaction between cultures.

Yes, they do. They can tell stories of the weather. For instance, when clouds start to darken and gather, it's a story of an upcoming storm. If they are thin and scattered, it might be a story of a calm and sunny day ahead.