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Business Cycles

Lars Tvede




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 | #2181513 in eBooks |  2013-02-01 |  2013-02-01 | File type: PDF

||2 of 2 people found the following review helpful.| A history of fiscal policy for traders|By Mark Mills|This is a wonderfully argued piece of logic on monetary theory, with particular emphasis on links between 'central banks' and financial bubbles. We start with John Law's central bank and the Mississippi Bubble it created. From that disaster (and concurrent lessons for the wise), we move on to subsequent financial bubbles an

Why do we experience business cycles? What creates them? Is it mass psychology, or phenomena in the management of business? Are the banks to blame or should we be looking to the unions and the politicians? Lars Tvede's story moves back in time to the Scottish gambler and financial genius, John Law, and then on to the distracted Adam Smith, the stockbroker Ricardo, the investment banker Thornton, the extrovert Schumpeter, the speculator Jay Gould and many others. The c...

You can specify the type of files you want, for your device.Business Cycles   |  Lars Tvede.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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