A Philosophy of the Economic/Business Cycle

Alexandru Trifu
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Alexandru Trifu: Petre Andrei University of Iasi Romania

Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Sciences, 2017, issue 20, 142-149

Abstract: In the present paper, we try to underline the importance of the Economic Cycles in current life and to propse and sustain the tri-phases cycles of development, as being the most suitable model for nowadays. Why? Because the decenial cycle overlaps the movements of the business institutions such as money, interest, credit, investments, in one word the true business cycle. The expansion of the credit is the propeller and the prevention of its releaserepresnts the mean the avoidance of the Business Cycles, those which shatter the current world. At the same time, the overview of Business Cycles leads to the fact that we’ve tried to sustain the most appropriate expression for these inherent ondulations of the economy and society and to highlight the model of Economic Cycles the most pliable of what is happening in the real economy of today. The cycles can not be avoided, wether there are due to the activities of a determined economic and social system and more, if there are influenced by structural and circulating financial institutions (money, interest, credit, even market) and, above all, productive investments and sustainability on the specific market.

Keywords: cycles; financial institutions; Juglar’s Law; correlation; expansion (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev11d:v::y:2017:i:20:p:142-149

DOI: 10.18662/upalaw/09

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