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CHAPTER 1. The Waste of the Business Cycle
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Chapters in this book
- Frontmatter i
- Contents vii
- List of Figures xv
- List of Tables xix
- Preface xxi
-
PART ONE: Overview
- CHAPTER 1. The Waste of the Business Cycle 3
- CHAPTER 2. Measuring the Business Cycle 7
- CHAPTER 3. History of the Business Cycle 23
- CHAPTER 4. Endogenous and Exogenous Cycle Theories 50
-
PART TWO: The Basic Model—Demand and Supply over the Cycle
- CHAPTER 5. Consumption 83
- CHAPTER 6. Investment: The Profit Hypothesis 110
- CHAPTER 7. The Multiplier-Accelerator Model 138
- CHAPTER 8. Income Distribution: The Utilization-Unemployment Hypothesis 157
- CHAPTER 9. Demand-Side Theories: The Underconsumption Hypothesis 191
- CHAPTER 10. Cost of Plant, Equipment, and Raw Materials 208
- CHAPTER 11. Overinvestment and Reserve Army Theories of the Business Cycle: A Walk on the Supply Side 215
- CHAPTER 12. Profits and Profit Rates 232
- CHAPTER 13. Profit Squeeze (or Nutcracker) Theory of the Cycle: A Production-Realization Hypothesis 248
-
PART THREE: More Realistic Approximations
- CHAPTER 14. Credit and Financial Crises 269
- CHAPTER 15. Monopoly Power and Business Cycles 295
- CHAPTER 16. The International Economy and Business Cycles 317
- CHAPTER 17. Government Fiscal Behavior and the Business Cycle 339
-
PART FOUR: Policy
- CHAPTER 18. Can Reform Policies Lessen the Business Cycle under Capitalism? 363
- CHAPTER 19. Can the Business Cycle Be Eliminated? 386
- Appendixes 393
- References 417
- Index 433
Chapters in this book
- Frontmatter i
- Contents vii
- List of Figures xv
- List of Tables xix
- Preface xxi
-
PART ONE: Overview
- CHAPTER 1. The Waste of the Business Cycle 3
- CHAPTER 2. Measuring the Business Cycle 7
- CHAPTER 3. History of the Business Cycle 23
- CHAPTER 4. Endogenous and Exogenous Cycle Theories 50
-
PART TWO: The Basic Model—Demand and Supply over the Cycle
- CHAPTER 5. Consumption 83
- CHAPTER 6. Investment: The Profit Hypothesis 110
- CHAPTER 7. The Multiplier-Accelerator Model 138
- CHAPTER 8. Income Distribution: The Utilization-Unemployment Hypothesis 157
- CHAPTER 9. Demand-Side Theories: The Underconsumption Hypothesis 191
- CHAPTER 10. Cost of Plant, Equipment, and Raw Materials 208
- CHAPTER 11. Overinvestment and Reserve Army Theories of the Business Cycle: A Walk on the Supply Side 215
- CHAPTER 12. Profits and Profit Rates 232
- CHAPTER 13. Profit Squeeze (or Nutcracker) Theory of the Cycle: A Production-Realization Hypothesis 248
-
PART THREE: More Realistic Approximations
- CHAPTER 14. Credit and Financial Crises 269
- CHAPTER 15. Monopoly Power and Business Cycles 295
- CHAPTER 16. The International Economy and Business Cycles 317
- CHAPTER 17. Government Fiscal Behavior and the Business Cycle 339
-
PART FOUR: Policy
- CHAPTER 18. Can Reform Policies Lessen the Business Cycle under Capitalism? 363
- CHAPTER 19. Can the Business Cycle Be Eliminated? 386
- Appendixes 393
- References 417
- Index 433