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".
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Famous quotes containing the words animal and/or spirits:
“Im beginning to think that the proper definition of Man is an animal that writes letters.”
—Lewis Carroll [Charles Lutwidge Dodgson] (18321898)
“the sacred few who could not tame
Their spirits to the conquerors”
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