Ask the Chatbot Games & Quizzes ProCon History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture Money Videos
Business Cycle Theory
Directory
References
Discover
Thanksgiving Turkey with all the sides
Why Do We Eat Turkey on Thanksgiving?
Super Typhoon Noru over the western tropical Pacific Ocean as observed by the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA Aqua satellite July 31 2017
What Is the Difference Between a Typhoon and a Super Typhoon?
Woman tied to a ducking stool, a method of punishment by means of humiliation, beating, or death. (cucking stool)
8 Unusual Punishments Inflicted on Women Throughout History
Iraqi Army Soldiers from the 9th Mechanized Division learning to operate and maintain M1A1 Abrams Main Battle Tanks at Besmaya Combat Training Center, Baghdad, Iraq, 2011. Military training. Iraq war. U.S. Army
8 Deadliest Wars of the 21st Century
The Cheshire Cat is a fictional cat from Lewis Carroll's Alice's Adventures in Wonderland. (Alice in Wonderland)
11 Banned Books Through Time
Title: Senate Square, St. Petersburg, December 14, 1825: repression of the troop mutiny - watercolor by Carl Ivanovitch Kollman, 1825 depicts Decembrist uprising clashing with cavalry, with spectators watching. (new style December 26, 1825) Europe. Saint
8 of the Largest Empires in History
A human Inuit skull in a stone chambered cairn in Ilulissat in Greenland. These ancient graves are pre christian and are at least 2000
14 Tough Questions Answered

Business Cycle Theory

work by Hansen

Learn about this topic in these articles:

discussed in biography

  • In Alvin Harvey Hansen

    …in economic activity, and his Business Cycle Theory (1927) criticized underconsumptionist theories—theories that blamed low economic growth and high unemployment on rates of saving that were “too high.” Though at first he advocated deflationary policies and opposed Keynes’s belief in the stimulation of demand, Hansen later became a leading proponent…

    Read More