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About Mirowski, P. (1980) - The Birth of The Business Cycle. The Journal of Economic History, 40 (01), 171-174.
This document summarizes a dissertation about the origins of business cycles. It discusses how existing economic theories of business cycles are limited in their historical applicability. The dissertation analyzed business cycles in England from 1690-1825 and found conventional macroeconomic theories did not adequately explain fluctuations during that period. It suggests existing theories often only explain the specific circumstances they were developed to address. The dissertation developed a new general model of business cycles that separates physical and financial elements to potentially better account for historical experiences.
Detailed Information
| Author: | ['lcr89'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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