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The Human Desire for Fairness in the Economy – Daily Flash Briefing

April 14, 2022 by Bautis Financial
Reading the book Animal Spirits

Agent of Wealth Podcast host Marc Bautis shares one of his takeaways from "Animal Spirits" by George Akerlof and Robert Shiller.

In last week’s episode of The Agent of Wealth Podcast, Marc, John, Kayla and I discussed the fourth book in our Bautis Financial Book Club, called Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism by George Akerlof and Robert Shiller.

In the first half of the book, the authors explain animal spirits in five different categories: confidence, the desire for fairness, corruption, money illusion and the importance of stories.

I’m going to share a clip from the episode, where Marc talks about the desire for fairness in the economy now.

Listen to the full episode

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Category: Finance NewsTag: Animal Spirits, Fairness
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