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portada Industrial Fluctuations
Type
Physical Book
Publisher
Year
2016
Language
English
Pages
434
Format
Hardcover
ISBN13
9781138217195
Edition No.
1

Industrial Fluctuations

A. C. Pigou (Author) · Routledge · Hardcover

Industrial Fluctuations - Pigou, A. C.

Physical Book

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Synopsis "Industrial Fluctuations"

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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