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:
“The animal is ignorant of the fact that he knows. The man is aware of the fact that he is ignorant.”
—Victor Hugo (1802–1885)
“There’s language in her eye, her cheek, her lip,
Nay, her foot speaks; her wanton spirits look out
At every joint and motive of her body.”
—William Shakespeare (1564–1616)