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Author: Warren Fayette Hickernell Publisher: Forgotten Books ISBN: 9780331974065 Category : Business & Economics Languages : en Pages : 50
Book Description
Excerpt from Business Cycles The stages of the business cycle are sometimes described dividing the trend of business conditions into four periods. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Warren Fayette Hickernell Publisher: Forgotten Books ISBN: 9780331974065 Category : Business & Economics Languages : en Pages : 50
Book Description
Excerpt from Business Cycles The stages of the business cycle are sometimes described dividing the trend of business conditions into four periods. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Henry Ludwell Moore Publisher: ISBN: 9781330549087 Category : Science Languages : en Pages : 160
Book Description
Excerpt from Generating Economic Cycles Among the rare books in the library where I am writing there is a first edition of Galileo's treatise Dialogo sopra i due massimi sistemi del mondo, Tolemaico e Copernicano. This was the work that brought him before the Roman Inquisition. By the Holy Office he was convicted "of believing and holding the doctrines - false and contrary to the Holy and Divine Scriptures - that the Sun is the centre of the world, and that it does not move from east to west, and that the Earth does move and is not the centre of the world; also that an opinion can be held and supported as probable after it has been declared and decreed contrary to the Holy Scriptures," and he was required by the Holy Office to "abjure, curse, and detest the aforesaid errors." Intolerance of unwonted views was not limited to the Holy Office. Galileo himself could close the windows of his mind and vent his critical scorn upon an adventurous colleague. In the fourth chapter of his fatal book there is a discussion of the theory of terrestrial tides which was the occasion of Galileo's treating with disdain the suggestion of Kepler that the tides are dependent upon the attraction of the Moon. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Joseph H. Lynch Publisher: Forgotten Books ISBN: 9780332181561 Category : Business & Economics Languages : en Pages : 44
Book Description
Excerpt from A Century of Cycles in Business Facts are the data for all just reasoning, the primary elements of all real knowledge. Knowing that history never fails to repeat itself and given the facts of the past, it is not necessary to possess the gift of prophecy to formulate an infallible rule, which if taken at the advance leads to success; and, if taken at the decline, leads to bankruptcy and ruin. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: William Clifford Clark Publisher: Forgotten Books ISBN: 9781334238819 Category : Business & Economics Languages : en Pages : 32
Book Description
Excerpt from Business Cycles and the Depression of 1920-1 Another business cycle has about run its course. If one may hazard a guess based on previous experience and on a few current indices, we are somewhere near the middle of the busi ness depression which is liquidating the artificial boom of the war and the post-armistice period. As this is being written, in July, the between seasons month, normal midsummer dullness has aggravated the cyclical depression and the general tone of the business world has been not inaptly characterized as one of enthusiastic pessimism. Bad news is doubtless still in store for some trades; probably for business as a whole it may be next March before the worst is reached; and perhaps after that, recovery may be very gradual and halting. Yet funda mentally there is reason for confidence and courage. Indeed now almost for the first time, those who face facts squarely find solid ground for optimism. The gradual but substantial measure of liquidation already achieved, the increasing realiza tion of the necessity of a restored economic equilibrium 'on the part of groups like the building trades which had long resisted the inevitable, the settlement of some major strikes and the avoidance of others, the improved transportation situation, the easing of money rates, the back-to - work move ment in most European countries, and the improved political situation lead one to believe that we are already near the bottom and that the rest of the descent need not be so danger ously rapid as to result in a crash. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Wesley Clair Mitchell Publisher: Univ of California Press ISBN: 0520370708 Category : Business & Economics Languages : en Pages : 240
Book Description
This is a realistic account of what goes on within a business cycle. The recurrent phases of economic activity - prosperity, crisis, depression, and revival - grow into and out of each other. They are here examined in terms of the characteristics and observed behavior of the economic system. Originally published in 1913, Mitchell's germinal and familiar work marked the beginning of a distinctly new approach to the analysis of business cycles. The present volume, which is Part III of the larger work, has since become the classic statement of a theory of their causes. One of the reasons for its durability is not far to seek: it was woven out of observed phenomena of the money economy, not spun out of airy postulates. Original contributions to economic theory outlast the individual and temporal variations which the annals of business and the tables of statistics show. This is such a contribution.
Author: Henry Ludwell Moore Publisher: ISBN: 9781330530696 Category : Business & Economics Languages : en Pages : 170
Book Description
Excerpt from Economic Cycles: Their Law and Cause There is a considerable unanimity of opinion among experts that, from the purely economic point of view, the most general and characteristic phenomenon of a changing society is the ebb and flow of economic life, the alternation of energetic, buoyant activity with a spiritless, depressed and uncertain drifting. During the creative period of the rhythmic change each factor in production receives an augmenting income, and the mutual adjustment of interests in the productive process is brought about in a natural way, primarily through the operation of competitive law. he period of decline in the cycle presents a sharply contrasted aspect of industry. With the organization of capital and labor at first unchanged, the amount of the product falls; each of the interested factors seeks at least to retain its absolute share of the product; friction and strife ensure with a threatening of the disruption of industry. What is the cause of this alternation of periods of activity and depression? What is the law? These are the fundamental problems of economic dynamics the solution of which is offered in this Essay. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: John D. Sterman Publisher: Forgotten Books ISBN: 9780666396020 Category : Business & Economics Languages : en Pages : 46
Book Description
Excerpt from Business Cycles and Long Waves: A Behavioral Disequilibrium Perspective One of the principal mysteries theorists have faced is why there seem to be only a few distinct periodicities rather than cycles at all frequencies. And how might the different cyclical modes interact? Could, as Schumpeter (1939) argued, the coincident downturn of the business cycle, construction cycle, and long wave account for the severity of the Great Depression? More fundamentally, why should the frequencies of these cycles have (roughly) commensurate periods, so that their downturns might coincide? Indeed, even if one admits the possibility that individual firms might generate cyclical movements, the different parameters characterizing the structure and decision making processes of different firms would cause them to oscillate with different frequencies and phases. Why then should there be aggregate cyclical movements at all? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: F. A. Hayek Publisher: University of Chicago Press ISBN: 0226320464 Category : Business & Economics Languages : en Pages : 303
Book Description
“The two Business Cycles volumes bring together” the Nobel Laureate economist’s “most substantial contributions to technical economics” (Roger W. Garrison, Auburn University). In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions. The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic. The two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, providing background on the evolution of Hayek’s thought.
Author: Warren Fayette Hickernell
Author: Warren Fayette Hickernell
Author: Henry Ludwell Moore
Author: Joseph H. Lynch
Author: William Clifford Clark
Author: Henry Ludwell Moore
Author: Wesley Clair Mitchell
Author: Wesley Clair Mitchell
Author: Henry Ludwell Moore
Author: John D. Sterman
Author: F. A. Hayek