Animal Spirits (Keynes)
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Animal Spirits (Keynes)
Animal spirits is a term used by John Maynard Keynes in his 1936 book '' The General Theory of Employment, Interest and Money'' to describe the instincts, proclivities and emotions that ostensibly influence and guide human behavior, and which can be measured in terms of, for example, consumer confidence. Use by Keynes The original passage by Keynes reads: Earlier uses Philosophy and social science The notion of animal spirits has been described by René Descartes, Isaac Newton, and other scientists as how the notion of the vitality of the body is used. In one of his letters about light, Newton wrote that animated spirits very easily live in "the brain, nerves, and muscles, may become a convenient vessel to hold so subtil a spirit." These spirits, as described by Newton, are animated spirits of an ethereal nature, relating to life in the body. Later it became a concept that acquired a psychological content but was always thought of in connection with the life processes of t ...
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Keynes 1933
John Maynard Keynes, 1st Baron Keynes, ( ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. Keynes's intellect was evident early in life; in 1902, he gained admittance to the competitive mathematics program at King's College at the University of Cambridge. During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automa ...
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Ralph Waldo Emerson
Ralph Waldo Emerson (May 25, 1803April 27, 1882), who went by his middle name Waldo, was an American essayist, lecturer, philosopher, abolitionist, and poet who led the transcendentalist movement of the mid-19th century. He was seen as a champion of individualism and a prescient critic of the countervailing pressures of society, and his ideology was disseminated through dozens of published essays and more than 1,500 public lectures across the United States. Emerson gradually moved away from the religious and social beliefs of his contemporaries, formulating and expressing the philosophy of transcendentalism in his 1836 essay "Nature". Following this work, he gave a speech entitled "The American Scholar" in 1837, which Oliver Wendell Holmes Sr. considered to be America's "intellectual Declaration of Independence."Richardson, p. 263. Emerson wrote most of his important essays as lectures first and then revised them for print. His first two collections of essays, '' Essays: Firs ...
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Antithesis
Antithesis (Greek for "setting opposite", from "against" and "placing") is used in writing or speech either as a proposition that contrasts with or reverses some previously mentioned proposition, or when two opposites are introduced together for contrasting effect. This is based on the logical phrase or term. Antithesis can be defined as "a figure of speech involving a seeming contradiction of ideas, words, clauses, or sentences within a balanced grammatical structure. Parallelism of expression serves to emphasize opposition of ideas". An antithesis must always contain two ideas within one statement. The ideas may not be structurally opposite, but they serve to be functionally opposite when comparing two ideas for emphasis. According to Aristotle, the use of an antithesis makes the audience better understand the point the speaker is trying to make. Further explained, the comparison of two situations or ideas makes choosing the correct one simpler. Aristotle states that antith ...
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Mike (novel)
''Mike'' is a school story by P. G. Wodehouse, first published on 15 September 1909 by A & C Black, Adam & Charles Black, London.McIlvaine, E., Sherby, L.S. and Heineman, J.H. (1990) ''P.G. Wodehouse: A comprehensive bibliography and checklist''. New York: James H. Heineman, p. 18. The story first appeared in the magazine ''The Captain (1900s magazine), The Captain'', in two separate parts that were collected together in the original version of the book; the first part, originally called ''Jackson Junior'', was republished in 1953 under the title ''Mike at Wrykyn'', while the second half, called ''The Lost Lambs'' in its serialised version, was released as ''Enter Psmith'' in 1935 and then as ''Mike and Psmith'' in 1953. Although ''Mike'' was one of Wodehouse's earlier books, Wodehouse thought it his best work. Plot introduction The first half of the story, found in ''Mike at Wrykyn'', introduces Michael "Mike" Jackson. Mike is the youngest son of a renowned cricketing family ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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Arthur Conan Doyle
Sir Arthur Ignatius Conan Doyle (22 May 1859 – 7 July 1930) was a British writer and physician. He created the character Sherlock Holmes in 1887 for ''A Study in Scarlet'', the first of four novels and fifty-six short stories about Holmes and Dr. Watson. The Sherlock Holmes stories are milestones in the field of crime fiction. Doyle was a prolific writer; other than Holmes stories, his works include fantasy and science fiction stories about Professor Challenger and humorous stories about the Napoleonic soldier Brigadier Gerard, as well as plays, romances, poetry, non-fiction, and historical novels. One of Doyle's early short stories, " J. Habakuk Jephson's Statement" (1884), helped to popularise the mystery of the ''Mary Celeste''. Name Doyle is often referred to as "Sir Arthur Conan Doyle" or "Conan Doyle", implying that "Conan" is part of a compound surname rather than a middle name. His baptism entry in the register of St Mary's Cathedral, Edinburgh, gives "Arth ...
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Dulwich College
Dulwich College is a 2–19 independent, day and boarding school for boys in Dulwich, London, England. As a public school, it began as the College of God's Gift, founded in 1619 by Elizabethan actor Edward Alleyn, with the original purpose of educating 12 poor scholars. It began to grow into a large school from 1857, and took its current form in 1870 when it moved into its current premises. Admission by examination is mainly into years 3, 7, 9, and 12 (i.e. ages 7, 11, 13, and 16 years old) to the Junior, Lower, Middle and Upper Schools into which the college is divided. It is a member of both the Headmasters' and Headmistresses' Conference and the Eton Group. History 1619: The College of God's Gift On 21 June 1619 the College of God's Gift was established in Dulwich by Edward Alleyn with the signing letters patent by James I.Hodges, S. (1981), ''God's Gift: A Living History of Dulwich College'', pp. 3–5 (Heinemann: London). The term "Dulwich College" was used colloquia ...
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Eton College
Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, Cambridge, making it the 18th-oldest Headmasters' and Headmistresses' Conference (HMC) school. Eton is particularly well-known for its history, wealth, and notable alumni, called Old Etonians. Eton is one of only three public schools, along with Harrow (1572) and Radley (1847), to have retained the boys-only, boarding-only tradition, which means that its boys live at the school seven days a week. The remainder (such as Rugby in 1976, Charterhouse in 1971, Westminster in 1973, and Shrewsbury in 2015) have since become co-educational or, in the case of Winchester, as of 2021 are undergoing the transition to that status. Eton has educated prime ministers, world leaders, Nobel laureates, Academy Award and BAFTA award-winning actors, and ge ...
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Public School (United Kingdom)
In England and Wales (but not Scotland), a public school is a fee-charging financial endowment, endowed school originally for older boys. They are "public" in the sense of being open to pupils irrespective of locality, Christian denomination, denomination or paternal trade guild, trade or profession. In Scotland, a public school is synonymous with a state school in England and Wales, and fee-charging schools are referred to as private schools. Although the term "public school" has been in use since at least the 18th century, its usage was formalised by the Public Schools Act 1868, which put into law most recommendations of the 1864 Clarendon Report. Nine prestigious schools were investigated by Clarendon (including Merchant Taylors' School, Northwood, Merchant Taylors' School and St Paul's School, London) and seven subsequently reformed by the Act: Eton College, Eton, Shrewsbury School, Shrewsbury, Harrow School, Harrow, Winchester College, Winchester, Rugby School, Rugby, Wes ...
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Edwardian
The Edwardian era or Edwardian period of British history spanned the reign of King Edward VII, 1901 to 1910 and is sometimes extended to the start of the First World War. The death of Queen Victoria in January 1901 marked the end of the Victorian era. Her son and successor, Edward VII, was already the leader of a fashionable elite that set a style influenced by the art and fashions of continental Europe. Samuel Hynes described the Edwardian era as a "leisurely time when women wore picture hats and did not vote, when the rich were not ashamed to live conspicuously, and the sun really never set on the British flag." The Liberals returned to power in 1906 and made significant reforms. Below the upper class, the era was marked by significant shifts in politics among sections of society that had largely been excluded from power, such as labourers, servants, and the industrial working class. Women started to play more of a role in politics. Roy Hattersley, ''The Edwardians'' (2004). ...
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Victorian Era
In the history of the United Kingdom and the British Empire, the Victorian era was the period of Queen Victoria's reign, from 20 June 1837 until her death on 22 January 1901. The era followed the Georgian period and preceded the Edwardian period, and its later half overlaps with the first part of the '' Belle Époque'' era of Continental Europe. There was a strong religious drive for higher moral standards led by the nonconformist churches, such as the Methodists and the evangelical wing of the established Church of England. Ideologically, the Victorian era witnessed resistance to the rationalism that defined the Georgian period, and an increasing turn towards romanticism and even mysticism in religion, social values, and arts. This era saw a staggering amount of technological innovations that proved key to Britain's power and prosperity. Doctors started moving away from tradition and mysticism towards a science-based approach; medicine advanced thanks to the adoption ...
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Euphemism
A euphemism () is an innocuous word or expression used in place of one that is deemed offensive or suggests something unpleasant. Some euphemisms are intended to amuse, while others use bland, inoffensive terms for concepts that the user wishes to downplay. Euphemisms may be used to mask profanity or refer to topics some consider taboo such as disability, sex, excretion, or death in a polite way. Etymology ''Euphemism'' comes from the Greek word () which refers to the use of 'words of good omen'; it is a compound of (), meaning 'good, well', and (), meaning 'prophetic speech; rumour, talk'. '' Eupheme'' is a reference to the female Greek spirit of words of praise and positivity, etc. The term ''euphemism'' itself was used as a euphemism by the ancient Greeks; with the meaning "to keep a holy silence" (speaking well by not speaking at all). Purpose Avoidance Reasons for using euphemisms vary by context and intent. Commonly, euphemisms are used to avoid directly addressing sub ...
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