The Trade Cycle, an Account of the Causes Producing, Rhythmical Changes in the Activity of Business (Classic Reprint) - Couverture souple

Name: The Trade Cycle, an Account of the Causes Producing, Rhythmical Changes in the Activity of Business (Classic Reprint)
Author: Ma, F. Lavington
ISBN: 9781330158883

Ma, F. Lavington

9781330158883: The Trade Cycle, an Account of the Causes Producing, Rhythmical Changes in the Activity of Business (Classic Reprint)

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ISBN 10 : 1330158881 ISBN 13 : 9781330158883

Editeur : Forgotten Books, 2018

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1330158881
ISBN 13: 9781330158883
Reliure: Broch�
Nombre de pages: 120
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The Trade Cycle, an Account of the Causes Producing (Classic Reprint)

F. Lavington Ma

Edit� par Forgotten Books, 2022

ISBN 10 : 1330158881 ISBN 13 : 9781330158883

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book offers a concise introduction to the causes of trade cycles, the patterns of peaks and troughs that have occurred throughout economic history. The author draws upon the work of theorists such as Marshall and Pigou, as well as his own extensive archival research, to illuminate these cyclical trends. The author argues these cycles are not driven by external events, but rather by changes in business confidence and the price level. Positive feedback loops, such as price growth outpacing wage growth, encourage periods of expansion, which in turn lead to a loss of confidence, triggering recession. The author concludes that understanding these cycles is essential to mitigating their negative effects and ensuring continued prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781330158883_0

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