also: アニマルスピリッツ
noun
animal spirits
In economics, refers to the emotions and instincts (confidence, fear, optimism) that influence economic decision-making, a term popularized by J. M. Keynes.
ケインズは、投資家のアニマルスピリットが市場の変動を引き起こすと論じた。
Keynes argued that investors' animal spirits cause market fluctuations.
景気後退期には、企業のアニマルスピリットが冷え込む。
During a recession, corporate animal spirits cool down.
Borrowed from English 'animal spirits', a term used in economics by John Maynard Keynes to describe the psychological factors driving economic behavior.