Blog
Skidelsky on Keynes
15th October 2008
A marvellous article by Professor Robert Skidelsky which will be required reading for my A2 students over half term.
“No one has bettered Keynes in his understanding of the psychology of financial markets. “Most . . . of our decisions to do something positive . . . can only be taken as a result of animal spirits . . . If animal spirits are dimmed . . . enterprise will fade and die” is one famous remark.”
Here is the remainder
Hamish McRae is also on good form here with a piece on government intervention in markets