Some historical and semantic reflections on economic crises

Miroslaw Walerian Bochenek ()
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Miroslaw Walerian Bochenek: Nicolaus Copernicus University in Torun

Acta Universitatis Nicolai Copernici, Ekonomia, 2012, vol. 43, issue 2, 147-159

Abstract: After the outbreak of the economic crisis in the first decade of the twenty-first century, there was an increased interest in the theories of crises and business cycles, and anti-crisis policy. Unfortunately, in many of these considerations, not only semantic but also historical issues have been passed over. They are being supplemented by this article where a brief history of economic crises has been elucidated, attempts to determine the origins of the word “crisis” and the term “economic crisis”, and both the negative and positive consequences of these economic phenomena have been made.

Keywords: the concept of economic crisis; the etymology of crisis; the history of economic crises; the effects of crises. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkanc:2012:p:147-159

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