Description: Rejecting the idea of an equilibrium business cycle, this book, originally published in 1927, studies those industrial fluctuations which extend over short spans of years: cyclical fluctuations. The causes of these cycles are discussed and the consequences which result and way in which to mitigate these consequences with regard to social well-being are examined. Although Pigou's approach went out of fashion following Keynes, it is similar in spirit to much of the late twentieth-century work stimulated by real business cycle theory.
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EAN: 9781138217195
UPC: 9781138217195
ISBN: 9781138217195
MPN: N/A
Book Title: Industrial Fluctuations by Arthur Cecil Pigou [Har
Item Length: 23.4 cm
Number of Pages: 427 Pages
Publication Name: Industrial Fluctuations
Language: English
Publisher: Taylor & Francis LTD
Item Height: 234 mm
Subject: Economics
Publication Year: 2016
Type: Textbook
Item Weight: 454 g
Author: Arthur Cecil Pigou
Item Width: 156 mm
Series: Routledge Library Editions: Landmarks in the History of Economic Thought
Format: Hardcover
