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Mentioned in 1 episodes
Industrial Fluctuations
Book •
Pigou's 'Industrial Fluctuations' explores the causes and patterns of business cycles in the early 20th century.
It examines factors such as psychological elements, technological progress, and external shocks that contribute to economic ups and downs.
Pigou analyzes how these fluctuations affect employment, production, and prices, providing a comprehensive overview of the economic landscape during his time.
The book integrates theoretical insights with empirical observations, offering a nuanced perspective on the complexities of industrial economies.
It remains relevant for understanding the historical context of business cycle research and the challenges of economic stabilization.
Pigou's work paved the way for future economists to develop more sophisticated models of economic fluctuations.
It examines factors such as psychological elements, technological progress, and external shocks that contribute to economic ups and downs.
Pigou analyzes how these fluctuations affect employment, production, and prices, providing a comprehensive overview of the economic landscape during his time.
The book integrates theoretical insights with empirical observations, offering a nuanced perspective on the complexities of industrial economies.
It remains relevant for understanding the historical context of business cycle research and the challenges of economic stabilization.
Pigou's work paved the way for future economists to develop more sophisticated models of economic fluctuations.
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Mentioned in 1 episodes
Mentioned as a description of business cycle theory in the 1920s.
Roger Farmer Gives a Tour of Macroeconomics
