False True 1 1 12 3 True True False Economic growth Load More Podcast Karthik Sastry on Animal Spirits and the Economy While we like to think our financial decisions are based on logic, the truth is, they are largely driven by emotion. So when John Maynard Keynes looked for methods to measure economic fluctuations, animal spirits were a key ingredient. Karthik Sastry is a macroeconomist and assistant professor at Princeton University. In this podcast, he says personal instincts and primal urges are known to cause cycles of boom and bust, and one way to gauge those emotions is through economic narratives. KARTHIK SASTRY March 2025 Deutschland’s Denouement Kaput describes a national obsession with the neo-mercantilist export model CHRISTOPH B. ROSENBERG March 2025 How Animal Spirits Affect the Economy Viral narratives could be the missing link between emotions and economic fluctuations JOEL FLYNN KARTHIK SASTRY Load More Related Links F&D Homepage F&D Topics F&D Authors Country Focus