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Spirits in sentence

636 examples of Spirits in a sentence

But that will require a sharp increase in French industrialists’ animal spirits.
Thus, central bankers were stuck trying to control a world economy shocked by random changes in the animal spirits of investors and traders.
After all, it is an unavoidable human trait that credible and prominently displayed charts and rankings can stir up aspirational spirits.
Hosting the games, a global symbol of positive expectations, lifted the UK’s spirits 12 years ago, in July 2005, when London was awarded the 2012 Summer Olympics.
So, while older people do not prefer to live in a crisis-stricken country, they do not find it intolerable, as opportunity-starved young people do; they are simply more focused on purchasing power than on the economy’s animal spirits.
This wall has been with us always, separating rusting spirits who live in nostalgia, fear the future, and believe that only the past was better, from youthful, creative, and entrepreneurial spirits who fearlessly embrace the future and believe that the best is always yet to come.
In my work, expectations – or so-called animal spirits – are a new and independent fundamental that determines the steady-state unemployment rate.
And if animal spirits are indeed fundamental, it becomes important to understand the factors that determine swings in confidence.
Governments, according to the conventional wisdom, should aim for stable prices, with a slight bias toward inflation to stimulate the “animal spirits" of businessmen and shoppers.
June 4th weighs on the spirits of every Chinese patriot; almost every Chinese person knows that official reevaluation is just a matter of time.
He concluded that much of our business cycle is driven by fluctuations in “animal spirits,” something in the mind – and not understood by economists.
Perhaps even more importantly, economic policy should not break a society’s confidence in itself; what economists call “animal spirits” must be able to reflect hope for the future.
Why has democracy lost the allegiance of these restless spirits, and how can it recapture the hearts and minds of others who would follow suit?
And with the yields on government bonds also very low, investors’ animal spirits were running high, boosting the price of many risky assets.
But, in a world of fractional reserve banks, there is clearly a danger that the initial stimulus could be multiplied later by the subsequent expansion of private “inside money” purchasing power, as animal spirits return to bank and shadow-bank lenders and borrowers.
No, said the followers of John Maynard Keynes, it must offset swings in business animal spirits in order to stabilize aggregate demand.
Specifically, it is hoped that an artificial surge in asset prices will make people feel richer and more optimistic, thus triggering “wealth effects” and “animal spirits” that stimulate consumption and investment spending, bolster job creation, and, in the process, “validate” the artificial asset pricing.
The key "Keynesian" insight was that private investment spending is inherently unstable--due to fads and fashions among investors, or because of shifts in the "animal spirits" of businessmen, or because falling prices disrupt the financial system.
The need for regulation depends on public perceptions of the last crisis, and, as George Akerlof and I argued in Animal Spirits, these perceptions depend heavily on changing popular narratives.
The international regulatory framework has changed for the better since 2008, but no such changes can anticipate all the kinds of change in narratives that underlie public animal spirits.
If China is to avoid the deflation trap, revive investment, bolster competitiveness, and accelerate long-term growth, it must continue its quest to foster the animal spirits of innovation and entrepreneurship.
The great economist John Maynard Keynes taught that changes in market sentiments – which he called “animal spirits” – have a life of their own; that swings in sentiment could swing an economy.
Our “animal spirits,” to borrow a phrase made famous by John Maynard Keynes, are weakening.
George Akerlof and I have just written a book by the same name, but by the time Animal Spirits appears later this winter, the world economy may be even worse than it is now.
Then there is the effect of memory on today’s animal spirits.
Animal spirits are not always shattered by extraordinary economic events.
The erosion of animal spirits feeds on itself.
Perhaps the saving grace in this situation is that animal spirits can and sometimes do change direction.
The “animal spirits” that Keynes identified generations ago remain with us today.
As George Akerlof and I argue in our recent book Animal Spirits , the current financial crisis was driven by speculative bubbles in the housing market, the stock market, and energy and other commodities markets.
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