"Our theory of animal spirits provides an answer to a conundrum: Why did most of us utterly fail to foresee the current economic crisis? How can we understand this crisis when it seems to have come out of the blue with no cause? Why have the measures to forestall it fallen short, while the economic authorities publicly express surprise at their ineffectiveness? We need to answer these questions if we are to feel any confidence in economic policy in the months to come."
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Chap. 14 : Conclusion
https://en.wikiquote.org/wiki/Animal_Spirits%3A_How_Human_Psychology_Drives_the_Economy%2C_and_Why_It_Matters_for_Global_Capitalism
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Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
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