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Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
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Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
Animal spirits are driving financial events worldwide.
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
Item #: 25386047

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

Item #: 25386047

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Animal spirits are driving financial events worldwide.
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What Stands Out

Psychological Insights
Explores the profound impact of human psychology on economic behaviors, providing readers with deeper understanding of market dynamics and decision-making processes.
Global Perspective
Analyzes economic phenomena through a global lens, making connections between local actions and worldwide economic outcomes for a comprehensive view of capitalism.
Timeless Relevance
Addresses timeless economic principles and societal behaviors that remain pertinent today, appealing to readers interested in both historical context and future implications.

Product Details

Discover how human psychology drives the economy and why it matters for global capitalism with Animal Spirits book. Available at Ubuy, a Samoa.
Publisher Princeton University Press
Publication date February 21, 2010
Edition Revised
Language English
Print length 264 pages
ISBN-10 9780691145921
ISBN-13 978-0691145921
Item Weight 11 ounces (311.85 grams)
Dimensions 5.6 x 0.76 x 8.14 inches (14.2 x 1.9 x 20.7 cm)

Who Should Buy?

Suitable For
  • Economics Students

    Students studying economics will gain valuable insights into the behavioral aspects of market movements and decision-making.

  • Investors

    Investors seeking to understand market psychology will find this book useful for predicting economic trends and making informed decisions.

  • Policy Makers

    Policy makers can benefit from the analysis of how psychology influences economic policies and public reactions to them.

Not Suitable For
  • Casual Readers

    Casual readers looking for light reading may find the content heavy and complex without a foundational knowledge of economics.

Product Description

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

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Customer Questions & Answers

  • Question: What is the main argument of the book?

    Answer: Animal spirits are driving financial events worldwide and managing them requires the steady hand of government.
  • Question: What is the authors' opinion of Reaganomics and Thatcherism?

    Answer: The authors state that Reaganomics and Thatcherism failed to account for the pervasive effects of animal spirits in contemporary economic life.
  • Question: What is the road map offered in the book?

    Answer: Animal Spirits offers a road map for reversing the financial misfortunes besetting us today.

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Features & Benefits

  • Akerlof and Shiller challenge the economic wisdom that got us into this mess
  • They reassert the necessity of an active government role in economic policymaking
  • Managing animal spirits requires the steady hand of government
  • Animal Spirits offers a road map for reversing the financial misfortunes besetting us today
  • Leaders can channel animal spirits - the powerful forces of human psychology - in the world economy today
  • Government intervention is necessary in managing economic behavior

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