Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173747
Authors: 
Levy, Daniel C.
Snir, Avichai
Year of Publication: 
2017
Series/Report no.: 
Working Paper 2017-03
Abstract: 
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.
Subjects: 
Economic and Financial Literacy
Political Economy
Public Choice
Rent Seeking
Folk Economics
Harry Potter
Social Organization of Economic Activity
Literature
Fiction
Potterian Economy
Potterian Economics
Popular Opinion
JEL: 
A13
A14
D72
D73
H00
H11
I20
P16
P48
P51
Z11
Z13
Document Type: 
Working Paper

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