The Business Cycle: Growth and Crisis under Capitalism

Paperback / softback

Main Details

Title The Business Cycle: Growth and Crisis under Capitalism
Authors and Contributors      By (author) Howard J. Sherman
SeriesPrinceton Legacy Library
Physical Properties
Format:Paperback / softback
Pages:470
Dimensions(mm): Height 229,Width 152
Category/GenreMicroeconomics
Economic systems and structures
ISBN/Barcode 9780691607146
ClassificationsDewey:338.542
Audience
Tertiary Education (US: College)
Professional & Vocational

Publishing Details

Publisher Princeton University Press
Imprint Princeton University Press
Publication Date 14 July 2014
Publication Country United States

Description

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

Reviews

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