Animal Spirits (Keynes)
Animal spirits is the term John Maynard Keynes used in his 1936 book The General Theory of Employment, Interest and Money to describe the instincts, proclivities and emotions that ostensibly influence and guide human behavior, and which can be measured in terms of, for example, consumer confidence. It has since been argued that trust is also included in or produced by "animal spirits".
Read more about Animal Spirits (Keynes): Origins, Earlier Uses, See Also
Famous quotes containing the words animal and/or spirits:
“O animal excellence,
Take pterodactyl flight
Fire-winged into the air
And find your lair
With cunning sense
On some Arabian bight....”
—Allen Tate (1899–1979)
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—Samuel Johnson (1709–1784)