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In-Person: Princeton University students, faculty and staff - Registration required. Virtual: Open to the public - Zoom registration required John Maynard Keynes composed the General Theory as a response to the Great Crash and Great Depression with all their devastating consequences on the U.S. macroeconomy and financial markets, as well as the rest of the world. The role of expectations that his new theory set out has been widely accepted. The role he attached to “animal spirits” the role of human emotion in human cognition has remained more controversial. To look at the role of emotion in the economy at the times Keynes wrote, Ali Kabiri (University of Buckingham) and collaborators analyzed millions of digitally stored news articles from the Wall Street Journal and The New York Times from the period with algorithms that scan for emotion in narratives to test whether human emotions influenced the economy distinctly from traditional economic fundamentals. They find that shifts

New yorkUnited statesJohn maynard keynesAli kabiriJulis rabinowitz centerHead of economics international studies deptPrinceton universityUniversity of buckinghamFinancial markets groupRutgers universityNew york timesInstitute for advanced studyAli kabiri university of buckinghamMaynard keynesGeneral theoryGreat crash