Retrospectives: Animal Spirits
- 1 August 1991
- journal article
- research article
- Published by American Economic Association in Journal of Economic Perspectives
- Vol. 5 (3) , 203-210
- https://doi.org/10.1257/jep.5.3.203
Abstract
John Maynard Keynes argued that when the conditions for rational action are not present, people are driven by “animal spirits.” This article briefly considers Keynes' argument, and the history of the term.This publication has 8 references indexed in Scilit:
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