Spirits
in sentence
636 examples of Spirits in a sentence
One should also not discount the effect on “animal spirits” – consumer, business, and investor confidence – that a credible commitment by the ECB to deal with slow growth and low inflation may trigger.
But after the disappointment of the Copenhagen climate-change summit in 2009, the spirit of agreement that animated the Paris meeting should lift our
spirits.
Hu's move lifted bilateral relations out of the deep freeze, where China's previous leadership had consigned them following Koizumi's repeated visits to the Yasukuni Shrine, where the
spirits
of Japan's war dead, including Class A war criminals, are enshrined.
And former Fed Chairman Alan Greenspan resisted any attempts to rein in the animal
spirits
of the wealth creators on Wall Street.
They either stimulate our “animal spirits” or muffle them.
Rigid rules and distant policymakers merely suffocate the animal
spirits
of the business class.
The Torturers of TashkentNEW YORK – President Islam Karimov’s regime in Uzbekistan has survived for 19 years, in no small part because it has resorted time and again to police brutality and torture to extract confessions from people who have committed no crime, and to break the
spirits
of political opponents and intimidate anyone who might think of becoming one.
They can act as if all is well, except that their consumers are in a funk, and that “animal spirits” must be revived through stimulus.
Green or GreenspanAMSTERDAM – When forced to explain why so few anticipated the global financial crisis, former US Federal Reserve Chairman Alan Greenspan blamed “animal spirits,” investors’ herding behavior, unimaginably large tail risks, and black swan events.
Some say that it was the disenchantment of the world: the shift from a worldview that relied on prayer and the propitiation of
spirits
to one that relied on rational manipulation and management of nature and of society.
After all, we can assume that the animal
spirits
of investors and financiers has been further depressed as a psychological reaction to the exuberant belief just a few years ago in the powers of financial engineering.
A fundamental problem in forecasting nowadays is that the ultimate causes of the slowdown are really psychological and sociological, and relate to fluctuating confidence and changing “animal spirits,” about which George Akerlof and I have written.
But for an economy in its early stage of development, and for the first generation of companies with young “animal spirits,” excessive caution seems better than the alternative.
It will also depend on the country’s ability to galvanize the energies and ambitions of impatient young Saudis and unleash private investors’ “animal spirits.”
The pessimists believe that there has been a large decline in the will to invest, something like the loss of “animal spirits” described by Keynes.
This, in turn, should revive corporate “animal spirits,” leading to higher investment in new plants and equipment, together with higher wages and salaries.
Japan’s aging population mutes the potential impact of both the wealth effect and animal
spirits.
Call it the Trump effect: the revival of the global economy’s “animal spirits” in recent months has provided important relief for a Chinese economy that is still heavily dependent on exports.
Add to that efforts to facilitate foreign trade, and Brazil’s “animal spirits” of entrepreneurship could be unleashed, enabling Brazil to escape the current crisis and move toward a more prosperous future.
Before the ban, Kerala held a somewhat dubious distinction: India’s highest per capita consumption of
spirits.
The hope has been that more buoyant market valuations would boost consumption (via the “wealth effect,” whereby asset-owning households feel wealthier and thus more inclined to spend) and investment (via “animal spirits,” which bolster entrepreneurs’ willingness to invest in new plant, equipment, and hiring).
Now, however, the so-called “animal spirits” of China’s first generation of entrepreneurs have become another source of overheating risk.
Similarly, in South Korea, two successive presidents have failed to follow through on their bold promises to rein in the chaebol, the country’s massive family-owned conglomerates, in order to unleash the animal
spirits
of entrepreneurship.
With a large portion of China’s domestic equity market still closed, it is hard to know when the correction’s animal
spirits
have been exhausted.
In my 2009 book with George Akerlof, Animal
Spirits
, we describe the ups and downs of a macroeconomy as being substantially driven by stories .
Similarly, we have to hope that some of the same old stories that propelled us in the past – the rise of capitalism and its internationalization throughout the world economy – can somehow be dusted off and revived yet again to invigorate the animal
spirits
that drive economic recovery.
But, more important, Ukraine’s “animal spirits” may be suppressed, because its entrepreneurs see little point in trying to compete with oligarchs who remain able to rig the economy in their favor.
If they leave, local banks may again resort to cross-border funding, which is the most sensitive to animal
spirits.
Then came last month’s explosion, which destroyed large quantities of the country’s food stocks and dealt a near-fatal blow to people’s
spirits.
Rather, it reflects the animal
spirits
of investors, who engage in orgies of buying and selling stocks and shares, fueled by self-fulfilling waves of optimism and pessimism.
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