Ken Early for The Irish Times:
Some football managers display an intuitive grasp of how Keynesian thinking can apply in their own field. In victory, Alex Ferguson would often criticise his players for sloppiness, but when they lost he usually claimed they’d been the better team. Rodgers is a pro-cyclical manager. If he’s winning, he’s singing but if he’s losing, he lapses into defeatism with alarming speed.
Fascinating insight. I had never thought of managers’ psychology was akin to Keynesian economics.