Animal Spirits – The Contrary Economics of Human Behaviour
Economics is based on the notion that man is rational, scientific and analytical; but how realistic is this notion? Indeed, have you ever met a rational human being like this? More to the point, would you go for a drink with someone like that? What is the role of actual human behaviour in economics?
Economists have largely ignored the findings of psychologists and sociologists about human behaviour, with sometimes disastrous results! However, this attitude is all changing. We are delighted to have here at Kilkenomics, three of the world’s biggest thinkers on psychology and economics on one stage. What rational person would miss it?