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Potterian Economics

Daniel Levy () and Avichai Snir

MPRA Paper from University Library of Munich, Germany

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.

Keywords: 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 (search for similar items in EconPapers)
JEL-codes: A13 A14 D72 D73 H00 H11 I20 P16 P48 P51 Z11 Z13 (search for similar items in EconPapers)
Date: 2017-01-20
New Economics Papers: this item is included in nep-hpe
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https://mpra.ub.uni-muenchen.de/76344/1/MPRA_paper_76344.pdf original version (application/pdf)

Related works:
Working Paper: Potterian Economics (2017) Downloads
Working Paper: Potterian Economics (2017) Downloads
Working Paper: Potterian Economics (2017) Downloads
Working Paper: Potterian Economics (2017) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:76344

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