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Animal Spirits: How Human Psychology Drives The Economy, And Why It Matters For Global Capitalism (2009)

Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (2009)

Book Info

Rating
3.68 of 5 Votes: 4
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ISBN
0691142335 (ISBN13: 9780691142333)
Language
English
Publisher
Princeton University Press

About book Animal Spirits: How Human Psychology Drives The Economy, And Why It Matters For Global Capitalism (2009)

I have read this book while taking Professor Schiller's Behavioral Economics course at Yale, making me appreciate it far beyond the barriers of its pages and truly allowing me to dedicate some time and thought to it.As a psychologist by education, I was pleasantly surprised by finally having a prominent figure in the economic community completely embracing the notion that the human psyche is far more complex than traditional economists view it to be.This book is not written for those who have massive background in economics and I would highly recommend it for anyone interested in knowing a little bit more about economics, regardless of their level of expertise. This books good side is attempt to explain part of economics that classical macroeconomic models doesn't explain, even by categorizing causes, but I really didn't enjoy parts of the book where these classical models are just declared as useless since I can't say they are so. I wouldn't blame models, but people who use them inappropriately. Still I would recommend reading this book and evaluate yourself on what you can and can't agree with authors.

Do You like book Animal Spirits: How Human Psychology Drives The Economy, And Why It Matters For Global Capitalism (2009)?

very dry. Material is quite dense, covers macroeconomics, the role and impact of the fed
—gabbs

Really let me down, given how amazing the authors are.
—Isis

Economics & Psychology what's not to Like
—gema

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