Publisher's Synopsis
Business Cycles by Wesley Clair Mitchell is an influential and comprehensive book that explores the causes and effects of economic cycles. The book provides a detailed analysis of the fluctuations in economic activity that occur in capitalist economies, including the factors that contribute to these cycles and the impact they have on businesses, consumers, and the overall economy. Mitchell argues that business cycles are an inherent feature of capitalist economies and that they are driven by a complex interplay of factors such as technological change, investment, consumer spending, and government policies. The book also examines the various theories and models that have been developed to explain business cycles, including the Keynesian and monetarist schools of thought. Business Cycles is an essential read for anyone interested in understanding the dynamics of the modern economy and the forces that shape it.This is a new release of the original 1923 edition.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
