Business Cycles: From John Law to Chaos Theory

Exploring everything from mass psychology to management strategies, Business Cycles pinpoints the theories and practices that affect and reflect economic tides. From the history of business cycles to the arguments of today's leading economists, the book examines all aspects of business cycle theories.
Understanding business cycles—from the factors that create them to the economic and financial conditions that underlie their changes—is not only an exercise in theory, but more importantly, a practical tool for interpreting and forecasting periods of confidence or crisis. Throughout this volume, business cycle theories are used to illuminate actual events and explain how economists continually redefine the economic picture to address new problems.