Business cycles fluctuate through four stages: recession, recovery, growth and decline. ... Conversely, in 1935 John Maynard Keynes's General Theory of Employment, ...

The “business cycle” might just be one of the oldest ideas in economics. For more than 200 years, economists have been pointing to the tendency of economies to expand, then slow down, contract ...

Since the 1950s, a U.S. economic cycle, on average, lasted about five and a half years. However, there is wide variation in the length of cycles, ranging from just 18 months during the peak-to ...

Instead of looking for exogenous shocks as causes of business cycles, we focus on the power law that causes the synchronized behavior of economic agents to elucidate the mechanism by which micro ...

Austrian Business Cycle Theory (ABCT): A theory that explains economic cycles as a result of artificial manipulation of interest rates by central banks, leading to misallocation of resources.

I believe each has good – and bad – ideas and lessons worth learning. But there’s one theory that’s grossly undervalued by the mainstream. Or has been completely ignored. . . I’m talking about the ...

There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.

Mises Institute. "Understanding the Austrian Theory of the Business Cycle." Mises Institute. "Hyperinflation, Money Demand, and the Crack-Up Boom." Friedrich A. Hayek. "A Tiger by the Tail," Page 125.