2min chapter

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SUMMER SCHOOL 3: Booms, Busts & Us

Planet Money

CHAPTER

Introduction

This season is all about macro economics, which deals with the economies of whole countries. And macro economics was born to answer one question, how do we tame the business cycle? Because make no mistake, the business cycle is a beast. It can wipe out thousands of businesses, millions of jobs, life savings, inside of a week. Here to walk us into the belly of the business cycle, is special guest atif mian, a professor of economics at Princeton and author of house of debt.

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