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The Business Cycle: Growth and Crisis under Capitalism
Howard J. Sherman
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Description for The Business Cycle: Growth and Crisis under Capitalism
Hardback. Series: Princeton Legacy Library. Num Pages: 470 pages, black & white illustrations. BIC Classification: KCC; KCS. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 152 x 25. Weight in Grams: 828.
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 especially on the work of Wesley Clair Mitchell, Karl Marx, and John M. Keynes, Sherman explains why the nature of the business cycle produces serious economic loss and misery during its contraction phase, just as it produces growth in its expansion phase. Originally published in 1991. The Princeton Legacy ... Read more
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 especially on the work of Wesley Clair Mitchell, Karl Marx, and John M. Keynes, Sherman explains why the nature of the business cycle produces serious economic loss and misery during its contraction phase, just as it produces growth in its expansion phase. Originally published in 1991. The Princeton Legacy ... Read more
Product Details
Publisher
Princeton University Press
Format
Hardback
Publication date
2017
Series
Princeton Legacy Library
Condition
New
Weight
828 g
Number of Pages
470
Place of Publication
New Jersey, United States
ISBN
9780691635767
SKU
V9780691635767
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
Reviews for The Business Cycle: Growth and Crisis under Capitalism
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
Choice