Animal Spirits Revisited: An Emotional History of Capitalism
Despite its manifest absurdity, the rational actor model continues to domi-nate discussions of modern capitalism. This lecture proposes an alterna- tive perspective, by deepening and broadening Keynes's brief mention of "animal spirits" in economic decisions. Building on the work of anthropolo- gists and cultural historians, Lears explores the tangled relationships be- tween capitalism and emotional […]