Michael Blastland

speaker
745 appearances 4 recordings 1 series first heard Mar 2011 last heard Aug 2011

Michael Blastland’s voice in public audio — every appearance, attributed to the second.

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Appearances

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And you're not alone.
Most of us would say that.
Now I've got an alternative pair of options for you.
If I said you can have £5 in exactly a year's time, this time next year, at this exact time of day, you can have your £5.
Or you can wait an extra week and get £6.
Which would you prefer then?
Very good.
And again, everyone says the same thing.
Yeah, I might not.
standing, gazing at King's College in Cambridge.
You have to gaze at King's College, you can't just look at it.
Gazing at the college in the way these wonderful Gothic windows and spires reach heavenward.
This wonderful symbol of human aspiration, the advancement of learning, the application of rationality.
And it just happens to be the place where an economist, John Maynard Keynes,
suggested that there was something profoundly beastly about our economic behaviour and coined this notion of animal spirits.
That's Robert Schiller, who you might even call spiritual heir to Keynes.
His last book was titled Animal Spirits.
So can animal spirits fluctuate almost regardless of what some people might call the real factors within the economy?
Robert upsets the meaning of economics.
For him, not numbers, but behaviour comes first.
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