Animal Spirits - How Human Psychology Drives the Economy and Why It Matters for Global Capitalism

Robert J. Shiller, George A. Akerlof

Casa editrice: Princeton University Press

Sinossi

From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economyThe 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.

Disponibile da: 01/02/2010.

Altri libri che potrebbero interessarti

Stock Market Investing and...

Victor Adams

If you want to learn a step-by-step guide to retiring a millionaire, then pay attention....
Clearly, you are someone who wants to secure your finances and future, and I applaud you for that. However, you haven’t had great success in the stock market or know you’re leaving money on the table with your lackluster returns. No longer do you have to accept below-average returns, today is the start of your stock market success.
In Stock Market Trading and Investing for Beginners, you will discover:

The shocking truth on how to retire a millionaire with hardly any effort!
The simple and easy tactics Warren Buffett uses to make billions every year!
What Oprah Winfrey can teach you about stock market investing!
The keys to long-term seven-percent returns or better!
The exact way to invest that can make you more than seven percent a year and make you hundreds of thousands of dollars through the eighth wonder of the world: compound interest!
The exact strategy stock market experts use to make billions!
A secret tactic successful investors use to know if a stock is profitable!
A magic ratio to understand the true value of a stock!
The strategy traders use to make money every day!
The strategy to know exactly in which stocks to invest!
A must-know tactic to prevent huge losses that hamper gains!
Think you need thousands of dollars to invest? Think again, you can get started on any budget!
The psychological strategy that could make you thousands of dollars
The free and easy way to invest in the year’s best-performing stocks!

No matter where you are right now, following the principles in this audiobook, you can become a stock market millionaire.

Mostra libro

The Imperfectionists - Strategic...

Robert McLean, Charles Conn

Consistently effective strategic problem-solving has always been a challenging goal to achieve for leaders. And whether you operate in the business, nonprofit, or policy sector, you've undoubtedly noticed that the problems you face are becoming more complex, multifaceted, and difficult.In The Imperfectionists, a team of veteran executives and strategists deliver an original and compelling examination of what sets exceptional problem solvers apart from the rest of us. In the book, authors Rob McLean and Charles Conn identify six mutually reinforcing approaches that power the problem-solving skills of some of the world's best leaders. From an ever-present curiosity about the problems they face to a high tolerance for ambiguity, the ability to see through multiple lenses, and relentless experimentation, you'll explore the techniques that form the foundation of expert problem-solving mindsets.A powerful argument for the proposition that the world's best problem solvers are made, not born, the book demonstrates the radical and exciting possibilities that arise when leaders embrace imperfection, ambiguity, and experimentation in their daily lives. You'll discover how to crack the code of even the most stubborn and inscrutable problems as you learn to lean into the uncertainty and volatility that define your environment.

Mostra libro

Summary of Adam Grant’s Give and...

Falcon Press

Summary of Adam Grant’s Give and Take is a psychological study outlining how different people give and receive within their professional relationships. The book follows Grant through a 10-year sociological and psychological analysis of social reciprocity.

Mostra libro

Grow Rich Online - Ultimate...

Christopher Noble

*****NEW FOR 2022***** 
Are you tired of your 9 to 5 days? Is it the case that working in a corporation doesn't fit your lifestyle, your boss doesn't appreciate your work, and you are getting increasingly frustrated every passing year? 
Perhaps it is time to take the future into your own hands and become your own boss. 
And what if I tell you that is a real possibility? Growing your wealth online has never been easier! 
In this book, you'll learn the following invaluable lessons:How many ways you can earn money onlineAbout remote industries and jobsHow to create passive income onlineNew technologies and how to invest in them

Mostra libro

Negotiation The Skill of True...

Sharon Lechter

Sharon Lechter is dedicated to sharing relevant and actionable steps to help you build a strong and sustainable financial foundation for your family.  
As co-author of Think and Grow Rich – Three Feet From Gold, Rich Dad Poor Dad and Founder of Pay Your Family First, Sharon’s messages have helped people around the globe take control of their financial lives.  
 Please enjoy Sharon’s It’s Your Turn to Thrive, an audio series created just for you. 
In this audio, Sharon is joined by her son and business partner, Phillip Lechter. Sharon and Phillip share how to Negotiate your way to Success in the current economic and business climate.

Mostra libro

The Consultant's Quick Start...

Elaine Biech

An action plan for working as a consultant 
Management consulting is a $250 billion industry and growing at a rate of over four percent annually. Many predict that more than 40 percent of the U.S. workforce will soon be contingent, freelance, or consulting members of the workforce—making this book more relevant than ever. 
Individuals become independent consultants out of necessity or preference: necessity because they lost their job or the company offered an attractive exit package; preference because they want a career change, more control over their time, or an enriched, varied work situation. Consulting also appeals to the Millennial workforce who are searching for careers that offer a good salary as well as meaningful work. The New Consultant's Quick Start Guide: Serves as a companion to The New Business of Consulting Provides you with a place to plan your transition into consulting Helps you identify your niche, develop a business plan, charge what you're worth, and create a marketing strategy to ensure a steady stream of clients Prepares you for changes you will encounter beyond your professional life, including social, family, and financial aspects

Mostra libro