Animal spirits
how human psychology drives the economy, and why it matters for global capitalism
by George A. Akerlof · first published 2009
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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.
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…sense of fairness is wired into humans, so it's a factor we need to consider even though for rational purposes it appears ridiculous. 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...).
on “A Short Course in Ethics” ↗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…
on “Who You Are” ↗