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Recession

john murray press

Recession

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'Essential reading to understand today's challenges' MERVYN KING 'This extraordinary tour de force confirms Goodspeed as one of the most brilliant economic minds of his generation' NIALL FERGUSON 'Revolutionary and stimulating' MARTIN WOLF, FINANCIAL TIMES What causes a recession? Do recessions end on their own, or do they require external intervention? Does a recession in one country mean the rest of the world will follow? Are we in a recession now? Economic expert Tyler Goodspeed answers these questions and many more in Recession, a groundbreaking new analysis of economic contractions over the last four centuries. Combining the historian's extensive primary source material and the economist's arsenal of statistical analysis, this book rewrites what we know about recessions. Contrary to popular perception, recessions are not the inevitable bust that follows an unsustainable boom, and they do not operate like wildfires that clear out economic deadwood. Recessions are caused by adverse

Brändi
john murray press
EAN / GTIN
9781399832250