Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

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Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

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Excerpt from Economic Cycles: Their Law and CauseThere is a considerable unanimity of opinion among experts that, from the purely economic point of view, the most general and characteristic phenomenon of a changing society is the ebb and flow of economic life, the alternation of energetic, buoyant activity with a spiritless, depressed and uncertain drifting. During the creative period of the rhythmic change each factor in production receives an augmenting income, and the mutual adjustment of interests in the productive process is brought about in a natural way, primarily through the operation of competitive law. he period of decline in the cycle presents a sharply contrasted aspect of industry. With the organization of capital and labor at first unchanged, the amount of the product falls; each of the interested factors seeks at least to retain its absolute share of the product; friction and strife ensure with a threatening of the disruption of industry. What is the cause of this alternation of periods of activity and depression? What is the law? These are the fundamental problems of economic dynamics the solution of which is offered in this Essay.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

• Published on: 2015-09-27
• Original language: English
• Number of items: 1
• Dimensions: 9.02" h x .36" w x 5.98" l, .52 pounds
• Binding: Paperback
• 170 pages

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Where to Download Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Most helpful customer reviews

1 of 2 people found the following review helpful. An academic exercise in Statistical Economics By Bill Swan When I ordered this book I was hoping that it might shed some light on the share market cycles in addition to the rainfall cycles in Ohio in the US. Whilst I am sure that it is accurate with respect to the rainfall analysis it provided absolutely nothing of assistance with share market cycles instead heading off into some nebulus integral calculus that really does not show how the thesis was arrive at.From my perspective it is okay but not of much use.

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Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore

Economic Cycles: Their Law and Cause (Classic Reprint), by Henry Ludwell Moore