Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters for Global Capitalism

Speaker: Professor Robert J. Shiller Chair: Professor David Webb This event was recorded on 20 May 2009 in Old Theatre, Old Building The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. Robert Shiller will put forward a bold new vision that will transform economics and restore prosperity.