Conviction narrative theory (CNT), a social psychological approach to the way economic agents take deisions under Knightian uncertainty, together with the new methodology of directed algorithmic text analysis (DATA), provide the opportunity for a theory of economic sentiment or animal sprits...

This paper applies algorithmic analysis to large amounts of financial market text-based data to assess how narratives and sentiment play a role in driving developments in the financial system. We find that changes in the emotional content in market narratives are highly correlated across data...

This paper applies algorithmic analysis to large amounts of financial market text-based data to assess how narratives and sentiment play a role in driving developments in the financial system. We find that changes in the emotional content in market narratives are highly correlated across data...

In the summer of 2012, I was invited to write a weekly opinion column for City A.M. newspaper. It is a free, business-focused newspaper, launched in 2005, and is distributed at more than 250 commuter hubs across London and the Home Counties, as well as 1,600 offices throughout the City, Canary...

In contrast to the recent past, there is now widespread concern about the apparent excesses of some pay structures in corporate businesses. Top pay has risen much faster than average levels of pay in the last twenty years. This is in part the consequence of globalisation and developments in...

The seminal work on epidemiological models was carried out in the late 1920s and early 1930s. The models have developed substantially since, but their key drivers are those discovered nearly a century ago. Epidemiological models have real scientific value. However, any forecast made with them...

Throughout the COVID-19 crisis, governments have relied heavily on the advice of epidemiologists and health professionals, while economists maintained a low profile in policymaking. This paper illustrates how economic insights could have helped and would be essential in future pandemics. Its...

Spanish Abstract: Propongo una reforma radical y ramificada del plan de estudios. Aún se debería enseñar el modelo básico de comportamiento del agente de la economía tradicional, pues no es totalmente irrelevante para el mundo real. Pero solo debería ser una de las numerosas formas de...

Non-Equilibrium Social Science & Policy -- Economics -- Social Psychology and Narrative Economy -- Sociology and Non-Equilibrium Social Science -- Geography far from Equilibrium -- Cities in Disequilibrium -- The Evolutionary Theory of Globalization -- Systems, Networks, and Policy -- Towards a...