This chapter talks about "animal spirits." Keynes concluded that much investment activity depends on psychology, what he called "animal spirits." Animal spirits of entrepreneurs is a term coined by Keynes to describe investors' feelings. Today we call "animal spirits" by their correct name--expectations of future profits and the expected future interest rates. If we expand this definition to include all expectations of our total economic future on a personal level, then what would be your "animal spirits?" In other words, what do you foresee economically in your future?
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