Other Political Science Commons^™

Dialogue Between Friedman And Keynes, Howard J. Sherman

HOWARD J SHERMAN

This is an imaginary dialogue between Milton Friedman, the greatest conservative economist of the 20th century, and John Maynard Keynes, the greatest liberal economist of the 20th century.

Toward A Progressive Macroeconomic Explanation, Howard J. Sherman

HOWARD J SHERMAN

No abstract provided.

The Roller Coaster Economy: Financial Crisis, Great Recession, And The Public Option, Howard J. Sherman

HOWARD J SHERMAN

Institutions And The Business Cycle, Howard J. Sherman

HOWARD J SHERMAN

Feudal European political-economic institutions included a self-sufficient manor with very little market exchange, barter rather than money, and production motivated only by the need of the manor rather than a profit. All of these institutions meant that a business cycle was impossible, though there were many other problems. Capitalist institutions include production only for market exchange, a monetary economy, and production motivated only by profit. All of these institutions make possible the business cycle--since a contraction may occur if there is insufficient monetary demand to buy the supply at a price including a profit.

The Business Cycle Theory Of Wesley Mitchell, Howard J. Sherman

HOWARD J SHERMAN

This article explains the cycle method and theory of Mitchell.