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To understand the economy then is to comprehend how it is driven by the animal spirits. Just as Adam Smith’s invisible hand is the keynote of classical economics, Keynes’ animal spirits are the keynote to a different view of the economy — a view that explains the underlying instabilities of capitalism.

— George Akerlof

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Quote text and notes from Wikiquote: George Akerlof (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.