Animal spirits
An argument for recovering Keynes' notion of animal spirits as a contributor to economic phenomena, with examples drawn from the economic crises of the late 20th and early 21st centuries.
Stats for nerds
0recommend
2mentions
2people
2009–2011years
100% neutral
Mentions per year
What Hacker News says
- Animal Spirits is probably a lighter read (it's still on my to-read list), but I've been impressed when hearing the author, Robert Shiller, speak:
http://www.amazon.com/Animal-Spirits-Psychology-Economy-Capi...
Discussing animal spirits in various videos on youtube: http://www.youtube.com/results?search=Search&resnum=0...
It's a good question. Two months ago I would have said it was completely aribtrary. However, a sense of fairness is wired into humans, so it's a factor we need to consider even though for rational purposes it appears ridiculous.What is fair?This is the book I've been reading to give me perspectiev on this, _Animal Spirits_ (http://www.amazon.com/Animal-Spirits-Psychology-Economy-Capi...).
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