Kirstin's Reviews > Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism

Animal Spirits by George A. Akerlof
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Dec 27, 09

Read in December, 2009

I requested this almost 6 months ago from my local library and it finally came in, but now I can't remember why I wanted to read it. It was probably intended for Brian, but since he's in the middle-east, I went ahead and read it. It's a discussion of macroeconomic theory and how our economic choices are driven by irrational "animal spirits" - things like confidence (or lack thereof), fairness, stories, etc. Things that most economic theorists don't take into account. I only understood a very small fraction of what these brillant men (one of them a Nobel prize winner) were talking about, but it was interesting and rather eye-opening. I probably would have liked it more if I had a burning interest in economics.
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