Animal Spirits - George Akerlof; Robert Shiller

Descripción

LIBRERÍA LEA+

The global financial crises of recent years have made it painfully clear that psychological forces can imperil the wealth of nations. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" drive financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller present a serious alternative to the standard economic theory that has failed to account for these essential human factors, and provide a radical new way to think about the economy.

Looking back to the prevalent despondence preceding the Great Depression and the changing psychology that accompanied recovery -which led John Maynard Keynes to coin the term "animal spirits"- Akerlof and shiller reassert the necessitu of an active government role in economic policymaking. In a new preface, they describe why our economic troubles may linger for some time- unless we are prepared to take further, decisive action.

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