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Other Political Science Commons

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2010

Crises and Business Cycles

Articles 1 - 2 of 2

Full-Text Articles in Other Political Science

Toward A Progressive Macroeconomic Explanation, Howard J. Sherman Jun 2010

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 Dec 2009

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

HOWARD J SHERMAN

This is an explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Author Howard Sherman explores the root causes of the cycle of boom and bust of the economy, focusing on the 2008 financial crisis and the Great Recession of 2007-2009. He makes an argument that recessions and the resulting painful involuntary unemployment are inherent in capitalism itself. Sherman clearly illustrates the mechanisms of business cycles, and he provides a thoughtful alternative that would rein in their destructive effects.