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Clément Juglar is widely perceived nowadays as the pioneer of the theory of the business cycle, the one who developed in the early 1860s the view that economic life follows a rhythmic pattern and thereby lay the main bricks for the evolution of the older theories of crises into a theory of the...
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In 1926 Adolf Löwe suggested that business cycle theories are fundamentally incompatible with the idea that the system tends towards equilibrium. Hayek, his disagreement with such a conclusion notwithstanding, recognised that the issue is central to business cycle theorizing, and agreed with...
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This article compares the problems arising in the course of the editing of the Interwar Papers and Correspondence (1919-1939) of Roy Harrod and of the materials relating to the preparation (1934-1937) of Gottfried Haberler's inquiry on Prosperity and Depression led for the League of Nations. In...
Persistent link: https://www.econbiz.de/10008543153
Books reviewed: John E. King - A History of Post Keynesian Economics Since 1936 Christian Gourieroux And Joann Jasiak - Financial Econometrics: Problems, Models and Methods William Easterly - The Elusive Quest for Growth Mark Skousen - Making Modern Economics Alan D. Woodland - Economic Theory...
Persistent link: https://www.econbiz.de/10014075516