Did deregulation cause the Savings & Loans debacle of the 1980s?
Government deregulation occurred throughout the 1980s, as part of President Reagan’s overall attempt to reduce the hand of government in...
What’s Next for Business?
The business cycle is a critical and fundamental element of macroeconomics. It is the basis of many economic decisions, and the primary...
The Juglar Cycle (the business cycle length)
Joseph Schumpeter, who defined the length and phases of the business cycle in his classic 1939 book Business Cycles, stated that there...
The Great Recession
Recessions represent the downward phase of the business cycle. They currently occur about every nine years. See the U.S. GDP figure below...
Should the 1990s be called “The Great Expansion?”
Expansions represent the upward phase of the business cycle. As such, they occur with the same regularity and the same periodicity as...
