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Wednesday, 24 November 2010

Animal Spirits: My £3 Billion Wedding

Hang on. This might just work. One hell of a Big Splash for the long-awaited wedding of William and Kate. Timed to occur hot on the heels of likely Spanish and Portuguese bail-outs. The more it costs, the better, since we're effectively paying ourselves to celebrate it, and it may also drag in £620 million. That's an impressive number, in terms of direct sales of copy dresses and cheap crockery, yet disappointing... unless the expression of public joy acts as a 'confidence multiplier' for a beleaguered populace.

Perhaps you can tell that I've been reading Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Worth reading. Boosts optimism ;-)
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