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Business-Cycle Theory: Its Development and Present Status
Hardcover
ISBN13: 9781025320151
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 234
Weight: 1.11
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English
Hansen meticulously analyzes the mechanisms of economic expansion and contraction, exploring factors such as capital investment, credit, and consumer demand. By synthesizing previous theories and identifying their strengths and limitations, the book offers a comprehensive overview of how economic thought shifted from viewing cycles as isolated crises to understanding them as inherent features of modern industrial economies.
As a foundational text in macroeconomics, this study is essential for readers interested in the history of economic thought and the development of cycle analysis. Hansen's insights provide a clear window into the prevailing economic debates of the era, making it a valuable resource for students, scholars, and anyone seeking to understand the historical roots of modern economic stability and growth theories.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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