Abstract
AbstractWith the study of thought experiments and counterfactual analysis already established in economic history, science fiction provides additional material to enhance our understanding of the past and present. Science fiction is especially useful to challenge assumptions and expose flaws in economic policy. The chapter reviews science-fiction literature and film, analyzing their historical context and drawing parallels to economic history. While science fiction is known to predict what could be, it can serve policymakers in warning what might go wrong.KeywordsScience fictionLiteratureFilmsThought experimentsCounterfactual analysisSpeculative fictionAlternate historyTechnologyLaborAssetsCapitalTradeGovernmentTravelPsychohistoryRisk-rewardCommunicationMedical advancesRoboticsTransportationInternetPopulation growthGender dysphoriaSpecializationPricesResourcesProductivityCurrencyPrice levelPrincipal-agent problemIntellectual propertyCentral planning Nineteen Eighty-Four Property rightsCapitalismSocialismCommunismWarParallel worldsHistory repeated
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