Potterian Economics

Preprint

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.

Object Details

• Language: Englisch

Classification and Topics

• Classification: Wirtschaft ; Relation of Economics to Social Values ; Sociology of Economics ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Bureaucracy; Administrative Processes in Public Organizations; Corruption ; Public Economics: General ; Structure, Scope, and Performance of Government ; Education and Research Institutions: General ; Capitalist Systems: Political Economy ; Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies ; Comparative Analysis of Economic Systems ; Cultural Economics: Economics of the Arts and Literature ; Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
• Subject: Economic and Financial Literacy ; Political Economy ; Public Choice ; Rent Seeking ; Folk Economics ; Popular Opinion ; Harry Potter ; Social Organization of Economic Activity ; Literature ; Fiction ; Potterian Economy ; Potterian Economics

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Levy, Daniel ; Snir, Avichai
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel und Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/149466
• Last update: 10.03.2025, 11:41 AM CET