Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
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Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
The mimetic theory describes man as a social being that is dependent on relations to others. No human being, in other words, is intrinsically complete.
Wolfgang Palaver • René Girard's Mimetic Theory (Studies in Violence, Mimesis & Culture)
We began with the idea that underpins all of Girard’s theories––imitation. Conflict between people, he believes, is rooted in our propensity for imitation or in what he calls “mimetic desire”—an idea that began to take shape for him through his study of the great European novelists.
David Cayley • The Ideas of Rene Girard: An Anthropology of Religion and Violence
His ideas do not magically make us stop being mimetic. The mimetic theory gives us a framework to avoid situations that inspire debilitating desires; what type of person to avoid and who to keep close
Jonathan Bi • Lecture I: Introduction to Mimetic Theory | René Girard's Mimetic Theory
One conceit of economics is that markets as a whole can perform fairly rationally, even if many of the participants within them are irrational. But irrational behavior in the markets may result precisely because individuals are responding rationally according to their incentives. So long as most traders are judged on the basis of short-term perform
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