5min chapter

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The Reign Of Keynes, Part I — Zach Carter

The Joe Walker Podcast

CHAPTER

Chapter 12 of the General Theory

For me, uncertainty and its connection with what he calls the animal spirits, is the most beautiful and pregnant idea in the general theory. That's why chapter twelves my chapter, while much of the rest of the book is sed of incomprehensible to me. There are people who look at chapters one through four and say, well, the refutation of sads as is what's important. But i think chapter 12 is really where the action is. And in to your point thereabout where enterprise is afoot. Kane's using the word enterprise with a capital e. It's this sort of spirit of of this sort of will to do something, to act, that is embedded in human

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