Akerlof, George A.
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
- ISBN 13:
- 9780691142333
- author:
- Akerlof, George A.
- format:
- HardBack
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2009
- Pages:
- 264
- Dimensions:
- 24.08 x 16.1 x 2.36 centimetres
- Genre:
- Economic theory & philosophy
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
Acclaimed economists George Akerlof and Robert Shiller explore the powerful psychological forces driving financial events worldwide. They argue that government intervention is necessary to restore confidence in the economy, as blind faith in rising housing prices and plummeting confidence in capital markets are imperiling the wealth of nations.
The authors challenge traditional economic wisdom, putting forward a bold new vision that will transform economics and restore prosperity. They examine the pervasive effects of animal spirits in contemporary economic life, including confidence, fear, and the stories we tell ourselves about our economic fortunes.
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