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Animal Spirits by George A. Akerlof, Robert J. Shiller (2009, Hardcover) 
Animal Spirits by George A. Akerlof, Robert J. Shiller (2009, Hardcover)

 
Animal Spirits by George A. Akerlof, Robert J. Shiller (2009, Hardcover)

Publisher: Princeton Univ Pr
Publication Date: 2009-02-18
Language: English
Format: Hardcover
ISBN-10: 0691142335
ISBN-13: 9780691142333
Product ID: EPID71669653
Description: Notable economists George Akerlof and Robert Shiller show how a little bit of governmental guidance can go a long way towards fixing the malfunctioning world economy. Using the term John Maynard Keynes used to describe the collective pes...
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Synopsis
Notable economists George Akerlof and Robert Shiller show how a little bit of governmental guidance can go a long way towards fixing the malfunctioning world economy. Using the term John Maynard Keynes used to describe the collective pessimism which resulted in the Great Depression, Akerlof and Shiller demonstrate that "animal spirits" drive the global markets much more than the rationality which is assumed by most economic theorists. Therefore, according to the authors, it is the responsibility of government to take a more active role in educating citizens about their financial options and preventing foolish patterns of investing and spending which have long-range international ramifications.

Details
Publication Date:2009-02-18

Size
Length:230 pages
Height:9.0 in
Width:6.5 in
Thickness:1.0 in
Weight:17.3 oz

Industry Reviews
"There is barely a page of ANIMAL SPIRITS without a fascinating fact or insight, and by no means all from a reflexively liberal viewpoint."
(06/01/2009)

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