Has anyone been watching this on BBC?

It's a 3 part series, so far it's been the first two, next monday is Marx.
#1 John Meynard Keynes
#2 Friedrich Hayek
#3 Karl Marx

What do you know about economics?

It surprised me ( ) how little the alternative media mentions the likes of Keynes or Hayek, considering politicians adhering to their theories have been so prominent in the last few decades, and made such large and long reaching changes, most power players on the political scene in the last 40years have noted the large influence either Hayek or Keynes played in their personal philosophy ie Hayek influencing Thatcher, Reagan or the Keynesian American financial planners like Greenspan etc.

en.wikipedia.org/wiki/Animal_spirits_%28Keynes%29

"Animal spirits" is the term John Maynard Keynes used in his 1936 book The General Theory of Employment, Interest and Money to describe emotions which influence human behavior and can be measured in terms of consumer confidence. Trust is also included or produced by "animal spirits". Several articles and at least two books with a focus on "animal spirits" were published in 2008 and 2009 as a part of the Keynesian resurgence.[1][2]

The original passage by Keynes reads:
[3]

Keynes seems to be referencing David Hume's term for spontaneous motivation. The term itself is drawn from the Latin spiritus animales which may be interpreted as the spirit (or fluid) that drives human thought, feeling and action.

I know little of economics and I don't watch TV, but thank you for posting. Very interesting stuff.

Caught the second half of the first one...mistake, couldn't pick up the thread, it was like watching a foreign film to me, so made no mental note to watch the second one.
Oh well, back to Max Keiser for me!

Jane

angelchemuel wrote: Why was it like watching a foreign film?

Erm....I might as well have said it was all greek to me.
It might as well have been in a foreign language.

Jane

I was taught home economics at school, I baked a potato cooked a cheese and onion quiche and baked a crumble or two.

Guevarista wrote:
Actually the politicians do NOT adhere to those earlier ideas.