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Animal Spirits

Animal Spirits PDF Author: George A. Akerlof
Publisher: Princeton University Press
ISBN: 1400834724
Category : Business & Economics
Languages : en
Pages : 261

Book Description
From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, 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 fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time—unless we are prepared to take further, decisive action.

Animal Spirits

Animal Spirits PDF Author: George A. Akerlof
Publisher: Princeton University Press
ISBN: 1400834724
Category : Business & Economics
Languages : en
Pages : 261

Book Description
From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, 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 fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time—unless we are prepared to take further, decisive action.

Book Auction Records

Book Auction Records PDF Author: Frank Karslake
Publisher:
ISBN:
Category : Autographs
Languages : en
Pages : 730

Book Description
A priced and annotated annual record of international book auctions.

Catalogue of the ... Library of ... Valuable Books & Manuscripts the Property of the Rt. Hon. Lord Amherst of Hackney

Catalogue of the ... Library of ... Valuable Books & Manuscripts the Property of the Rt. Hon. Lord Amherst of Hackney PDF Author: William Amhurst Thyssen Amherst
Publisher:
ISBN:
Category : Bookbinding
Languages : en
Pages : 226

Book Description


Corcoran Gallery of Art

Corcoran Gallery of Art PDF Author: Corcoran Gallery of Art
Publisher: Lucia Marquand
ISBN: 9781555953614
Category : Painting
Languages : en
Pages : 0

Book Description
This authoritative catalogue of the Corcoran Gallery of Art's renowned collection of pre-1945 American paintings will greatly enhance scholarly and public understanding of one of the finest and most important collections of historic American art in the world. Composed of more than 600 objects dating from 1740 to 1945.

Prices of Clothing

Prices of Clothing PDF Author: John M. Curran
Publisher:
ISBN:
Category : Clothing and dress
Languages : en
Pages : 24

Book Description


The Lynching of Cleo Wright

The Lynching of Cleo Wright PDF Author: Dominic J. CapeciJr.
Publisher: University Press of Kentucky
ISBN: 0813156467
Category : History
Languages : en
Pages : 292

Book Description
On January 20, 1942, black oil mill worker Cleo Wright assaulted a white woman in her home and nearly killed the first police officer who tried to arrest him. An angry mob then hauled Wright out of jail and dragged him through the streets of Sikeston, Missouri, before burning him alive. Wright's death was, unfortunately, not unique in American history, but what his death meant in the larger context of life in the United States in the twentieth-century is an important and compelling story. After the lynching, the U.S. Justice Department was forced to become involved in civil rights concerns for the first time, provoking a national reaction to violence on the home front at a time when the country was battling for democracy in Europe. Dominic Capeci unravels the tragic story of Wright's life on several stages, showing how these acts of violence were indicative not only of racial tension but the clash of the traditional and the modern brought about by the war. Capeci draws from a wide range of archival sources and personal interviews with the participants and spectators to draw vivid portraits of Wright, his victims, law-enforcement officials, and members of the lynch mob. He places Wright in the larger context of southern racial violence and shows the significance of his death in local, state, and national history during the most important crisis of the twentieth-century.

Tobacco and Public Health

Tobacco and Public Health PDF Author: Peter Boyle
Publisher:
ISBN: 9780198526872
Category : Law
Languages : en
Pages : 840

Book Description
This book comprehensively covers the science and policy issues relevant to one of the major public health disasters of modern times. It pulls together the aetiology and burden of the myriad of tobacco related diseases with the successes and failures of tobacco control policies. The book looks at lessons learnt to help set health policy for reducing the burden of tobacco related diseases. The book also deals with the international public health policy issues which bear on control of the problem of tobacco use and which vary between continents. The editors are an international group distinguished in the field of tobacco related diseases, epidemiology, and tobacco control. The contributors are world experts drawn from the various clinical fields. This major reference text gives a unique overview of one of the major public health problems in both the developed and developing world. The book is directed at an international public health and epidemiology audience includng health economists and those interested in tobacco control.

The Legal Intelligencer...

The Legal Intelligencer... PDF Author:
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 440

Book Description


Dictionary Catalog of the William Andrews Clark Memorial Library

Dictionary Catalog of the William Andrews Clark Memorial Library PDF Author: William Andrews Clark Memorial Library
Publisher:
ISBN:
Category : England
Languages : en
Pages : 794

Book Description


Elements of Forecasting

Elements of Forecasting PDF Author: Francis X. Diebold
Publisher: South-Western Pub
ISBN: 9780324359046
Category : Business & Economics
Languages : en
Pages : 366

Book Description
ELEMENTARY FORECASTING focuses on the core techniques of widest applicability. The author illustrates all methods with detailed real-world applications, many of them international in flavor, designed to mimic typical forecasting situations.