Some orders may be delayed by the current Coronavirus lockdown.
Visit our help page for further information.
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (Hardback)
  • Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (Hardback)
zoom

Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (Hardback)

(author), (author)
£22.00
Hardback 248 Pages / Published: 06/02/2009
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government--simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life--such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes--and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits--the powerful forces of human psychology that are afoot in the world economy today.

Publisher: Princeton University Press
ISBN: 9780691142333
Number of pages: 248
Weight: 482 g
Dimensions: 235 x 152 x 24 mm

You may also be interested in...

Too Big to Fail
Added to basket
Boomerang
Added to basket
£9.99
Paperback
The Invisible Hand
Added to basket
£4.99
Paperback
Small Is Beautiful
Added to basket
Why Nations Fail
Added to basket
£12.99
Paperback
The Rise and Fall of the Great Powers
Added to basket
Economics: A Very Short Introduction
Added to basket
Economics In One Lesson
Added to basket
Capital
Added to basket
£3.99
Paperback
Guns, Germs and Steel
Added to basket
Naked Statistics
Added to basket
£12.99
Paperback
Antifragile
Added to basket
The Wealth of Nations
Added to basket
Poor Economics
Added to basket
£9.99
Paperback
The Money Machine
Added to basket
£10.99
Paperback
The Wealth of Nations
Added to basket

Please sign in to write a review

Your review has been submitted successfully.