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Article

The confidence trick

Author: S. Keen (University of Western Sydney)

  • The confidence trick

    Article

    The confidence trick

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Abstract

This article reflects on the role that confidence plays in recovery from a financial crisis. The author reflects on lessons from the past – specifically The Great Crash of 1929 and on the work of economists Keynes and Fisher to apply to our current economic woes. The role of overconfidence in our current crisis is also examined.

Keywords: Keynes, Fisher, confidence, recovery, economy, Australia, overconfidence, kangaroo economics

How to Cite:

Keen, S., (2009) “The confidence trick”, Australasian Accounting, Business and Finance Journal 3(1).

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Published on
2009-02-01