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Potterian Economics

Listed author(s):
  • Daniel Levy

    ()

    (Department of Economics, Bar-Ilan University, Israel; Department of Economics, Emory University, USA; The Rimini Centre for Economic Analysis, Italy)

  • Avichai Snir

    ()

    (Department of Banking and Finance, Netanya Academic College, Israel)

Recent studies in psychology and neuroscience find that fictional works exert strong influence on readers and shape their opinions and worldviews. We study the Potterian economy, which we compare to economic models, to assess how Harry Potter books affect economic literacy. We find that some principles of Potterian economics are consistent with economists' models. Many others, however, are distorted and contain numerous inaccuracies, which contradict professional economists' views and insights, and contribute to the general public's biases, ignorance, and lack of understanding of economics.

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File URL: http://www.rcfea.org/RePEc/pdf/wp17-03.pdf
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Paper provided by The Rimini Centre for Economic Analysis in its series Working Paper Series with number 17-03.

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Date of creation: Jan 2017
Handle: RePEc:rim:rimwps:17-03
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Via Patara, 3, 47921 Rimini (RN)

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