Excerpt from Economic Cycles: Their Law and Cause There 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 ...
Read More
Excerpt from Economic Cycles: Their Law and Cause There 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. The 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 ensue with a threatening of the disruption of industry. What is the cause of this alternation of periods of activity and depression? What is its law? These are the fundamental problems of economic dynamics the solution of which is offered in this Essay. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This 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.
Read Less
Add this copy of Economic Cycles Their Law and Cause Classic Reprint to cart. $17.38, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2018 by Forgotten Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Economic Cycles Their Law and Cause Classic Reprint to cart. $18.46, new condition, Sold by Paperbackshop International rated 5.0 out of 5 stars, ships from Fairford, GLOS, UNITED KINGDOM, published 2018 by Forgotten Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Economic Cycles: Their Law and Cause (Classic Reprint) to cart. $25.05, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2018 by Forgotten Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Economic Cycles: Their Law and Cause (Classic Reprint) to cart. $26.32, new condition, Sold by Paperbackshop International rated 5.0 out of 5 stars, ships from Fairford, GLOS, UNITED KINGDOM, published 2018 by Forgotten Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Economic Cycles Their Law and Cause Classic Reprint to cart. $26.56, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of Economic Cycles: Their Law and Cause (Classic Reprint) to cart. $36.32, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of Economic Cycles: Their Law and Cause (Classic Reprint) to cart. $48.65, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2018 by Forgotten Books.
