The Resource Animal spirits : how human psychology drives the economy, and why it matters for global capitalism, George A. Akerlof and Robert J. Shiller

Animal spirits : how human psychology drives the economy, and why it matters for global capitalism, George A. Akerlof and Robert J. Shiller

Label
Animal spirits : how human psychology drives the economy, and why it matters for global capitalism
Title
Animal spirits
Title remainder
how human psychology drives the economy, and why it matters for global capitalism
Statement of responsibility
George A. Akerlof and Robert J. Shiller
Creator
Contributor
Subject
Language
eng
Summary
Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of "animal spirits" (i.e. human psychology) and making it work for and not against us. 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 fortune--and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. The authors then offer a road map for reversing the financial misfortunes besetting us today
Dewey number
330.12/2019
Index
index present
LC call number
HB74.P8
LC item number
A494 2009
Literary form
non fiction
Nature of contents
bibliography
Animal spirits : how human psychology drives the economy, and why it matters for global capitalism, George A. Akerlof and Robert J. Shiller
Label
Animal spirits : how human psychology drives the economy, and why it matters for global capitalism, George A. Akerlof and Robert J. Shiller
Publication
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Bibliography note
Includes bibliographical references (p. 199-218) and index
Contents
Pt. 1. Animal spirits. Confidence and its multipliers -- Fairness -- Corruption and bad faith -- Money illusion -- Stories -- Pt. 2. Eight questions and their answers. Why do economies fall into depression? -- Why do central bankers have power over the economy (insofar as they do)? -- Why are there people who cannot find a job? -- Why is there a trade-off between inflation and unemployment in the long run? -- Why is saving for the future so arbitrary? -- Why are financial prices and corporate investments so volatile? -- Why do real estate markets go through cycles? -- Why is there special poverty among minorities?
Control code
ocn276340712
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Dimensions
24 cm.
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Extent
xiv, 230 p.
Isbn
9780691142333
Isbn Type
(acid-free paper)
Lccn
2008052649
System control number
(OCoLC)276340712

Library Locations

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      10 Waverly Place, Little Falls, NY, 13365, US
      43.044991 -74.8538019
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