Animal Spirit ( Economic Terms)

The colourful name that  keynes gave to one of the essential in-
gredients  of  economic  prosperity:  confidence.  According  to
Keynes, animal spirits are a particular sort of confidence, “naive
optimism”. He meant this in the sense that, for entrepreneurs in
particular, “the thought of ultimate loss which often overtakes
pioneers, as experience undoubtedly tells us and them, is put
aside  as  a  healthy  man  puts  aside  the  expectation  of  death”.
Where  these  animal  spirits  come  from  is  something  of  a
mystery. Certainly, attempts by politicians and others to talk up
confidence  by  making  optimistic  noises  about  economic
prospects have rarely done much good.