 Business Cycles, Manias and Panics in Industrial SocietiesCharles P. Kindleberger
Chapter 2 in Business Cycles, 1991, pp 41-55 from Palgrave Macmillan Abstract: Abstract Let me clear the decks by first limiting my discussion to the cycles of about ten years, disregarding the Braudel cycle of 150 years (with peaks in 1350, 1650, 1817 and 1973–4 (Braudel, 1984, p. 78), the Kondratieff (1935) of fifty years, and the Kuznets cycle of twenty years (Kuznets, 1958), not to mention the Brinley Thomas international cycles linked across the Atlantic by migration, again of twenty years (Thomas, 1954). I have in mind much more the nineteenth- and twentieth-century cycles with breaks in 1816, 1825, 1836, 1847, 1857, 1866, 1873, 1890, 1907, 1914, 1921, 1929, 1937, perhaps 1949, and then again perhaps 1974–5 and 1981–2. I will have great difficulty in explaining the cyclical character of the movements, but am unwilling to accept that there is anything in nature, apart from human nature, that makes for the regularity, such as it is. Keywords: Monetary Policy; Business Cycle; Money Supply; Capital Flow; Federal Deposit Insurance Corporation (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-11570-9_2 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-11570-9_2 Access Statistics for this chapter More chapters in International Economic Association Series from Palgrave Macmillan |
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