Available Formats
The Business Cycle: Growth and Crisis under Capitalism
By (Author) Howard J. Sherman
Princeton University Press
Princeton University Press
28th June 2016
United States
Tertiary Education
Non Fiction
Economic systems and structures
338.542
Short-listed for Choice Magazine Outstanding Reference/Academic Book Award 1991
Hardback
470
Width 152mm, Height 229mm
822g
Are the recurring recessions of the capitalist world merely short-term adjustments to changing economic circumstances in a system that tends, in general, toward equilibrium In this accessible study of the business cycle, Howard Sherman makes a powerful case that recessions and painful involuntary unemployment are endogenous to capitalism. Drawing
One of Choice's Outstanding Academic Titles for 1991 "This excellent book offers a comprehensive empirical analysis of the business cycle... [Sherman's] approach is a welcome complement to the heretofore excessively abstract modeling of the business cycle in recent years."--Choice