animal spirits

The ebb and flow of the economy has always been channelled by a combination of inescapable accounting truths and whimsical animal spirits.

Keynes called them animal spirits, and he thought they were especially important in determining people's willingness to take risks.

She had high animal spirits, and a sort of natural self-consequence.

The devotees are in fact undergoing what they believe to be a form of possession by the animal spirits inculcated into their tattoos.

After so much gloom, it is hardly surprising that the world's animal spirits are beginning to leap again.

With economic worries returning, animal spirits should have done the Bank's job for it, and pushed yields down.

CENTRAL bankers in Western countries are getting used to the idea that part of their job is to try to raise animal spirits after a slump.

This revival of animal spirits counts because so much of the downturn owed to a collapse in business spending.

That wrong economic theory fails to take account of how the animal spirits affect economic behaviour.

The lecture platform was the nearest that he, a shy man lacking in "animal spirits" , could be to his fellows.

Much more clarity about the psychological underpinnings of animal spirits is possible today.

So Keynes' animal spirits are returning and, with that in mind, here are seven predictions for the business world in 2011.

The beautiful spring weather brought out his animal spirits.

The only question is who has the funds to kind of carry out the ideas that the animal spirits come up with?

Clearly more attention needs to be played to such issues as cultural vibrancy, birthrates, and economic "animal spirits. "

There is nothing like confidence, envy and greed-the 'animal spirits' - to get Wall Street investors and banks back into risk-taking.

Animal spirits, always the fuel in a bubble, are the last thing to dissipate.

Hitherto it was the anti-risk hero: when animal spirits flagged the yen rallied and vice versa.

At home, public and private monopolies dominate activities from energy to telecommunications and education, caging animal spirits.

In his scheme, investment was governed by the animal spirits of entrepreneurs, facing an imponderable future.

Employers may be mistaken if they assume that older workers lack the animal spirits to make a go of new ventures.

But the preoccupation with "animal spirits" is quite the wrong way to do this, especially at the present stage of the business cycle.

It sounds like another regulatory attempt to pen in capitalism's animal spirits.

This "can only be taken as a result of animal spirits" .

Banking is an industry that cannot thrive without a touch of animal spirits.

Across the globe spending is being driven by government largesse, not animal spirits.

What Keynes called "animal spirits" are fundamental forces driving macroeconomic fluctuations.

If animal spirits flagged or liquidity-preference surged, the pace of investment would falter, with no obvious market force to restore it.

Current practice is to introduce notions of "animal spirits" , as John Maynard Keynes put it, through "add factors" .

Businesses need a shock to "animal spirits" to promote investment, and the incentives to investment should be substantial.

He is stepping up from acting chairman at a time when then there is a danger that animal spirits are settling in at StanChart.

More predictably, the banks encouraged Russian oligarchs to indulge their animal spirits and engage in excessive leverage.

Leaders, business or otherwise, seldom are deficient in animal spirits and often relish increased activity and challenge.

To endure the strain of our concentrated civilization, the coming man and woman must have an excess of animal spirits.

He also suggests that passing free trade agreements and reining in labour unions would boost "animal spirits" and set loose investment.

Animal spirits are a decisive factor affecting business investment.

Beijing is hoping that these measures will help restrain the animal spirits in the housing market, without prompting a damaging bust.

A retreat from Shanghai's highs would probably inhibit the animal spirits behind the rally in global equities.

Japan's bureaucratic allocation of credit seldom spurs animal spirits. Rather, it nourishes zombies.

An export boom would do more than anything else to rekindle America's animal spirits and get companies spending on R&D again.

Nothing brings out the animal spirits in humans like watching the economic pie expanding.

At some point prices of assets will become so cheap that they will reawaken the 'animal spirits' of both investors and companies.

But the emphasis on "animal spirits" is not one of them.

Animal spirits, once dampened, are hard to reignite; "fear of fear itself" dominates greed.

Standard economic theory makes the mistake in ignoring the role of human passions and animal spirits.

Dollar-cost averaging guards against these damaging animal spirits.

If, say, the outlook for financial regulation becomes clearer or the economy rebounds, animal spirits may yet return.

What is more, if carry trades are the rage again due to animal spirits, why is ultra-safe gold at an all-time high?

Those animal spirits make forecasting business investment tough anywhere in the world.

But then the animal spirits also veer in the other direction, and then people are too wary.

The animal spirits even of Indian entrepreneurs can flag.

In 1998 rate cuts quickly restored the animal spirits of investors and the dotcom bubble followed.

That animal spirits droop in a bust is no more anomalous than that they soar in a boom.

These youths are full of animal spirits.

Those youths are full of animal spirits.

Meanwhile, the government's fiscal expansion has offset the impact on final demand from the collapse in animal spirits in the real economy.

Once we were called the spirit of the mountain. Father sun, mother moon. Ancestral spirits, animal spirits.

Japan's animal spirits remain in deep sleep.

Perhaps the saving grace in this situation is that animal spirits can and sometimes do change direction.

The presumption is that QE2 will regenerate the animal spirits of America's now dormant asset-dependent economy.

A History of Nerve Functions: From Animal Spirits to Molecular Mechanisms