“..Our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits – a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.”
– J.M. Keynes (The General Theory of Employment, Interest and Money)
Animal spirits are a term coined by John Maynard Keynes to describe the ‘gut feelings’ that drive human behaviour, notably in reference to human interactions with markets. He postulated that decision-making has as much to do with emotion as it does to do with economic calculus or data.
—
I have a ton of inspiration, passion and energy to share so follow this blog and my Twitter feed if you’re as into (any of) economics, music, econometrics and poetry as I am! (And yes, I’ve been known to combine all four at once!)
I love travelling and am grateful for having lived, volunteered in and toured some of the most incredible places in the world:
You can see my CV here. (Online interactive and downloadable)
You can read a bit more about me here.
You can keep up to date with my forays into the musical/poetry world here, here or here.
Comments? Questions? Feelings? I am always interested. Leave a comment or a message for me.