Theories of Business Fluctuations: I. A Classification of the Theories

Warren M. Persons

The Quarterly Journal of Economics, 1926, vol. 41, issue 1, 94-128

Abstract: Definition of the phrases "business fluctuations," 94; "business cycle," 95; "periodic cycle," 95. — Concept of normal, 96. — Old and new meanings attached to "commercial crisis," 98. — Classification of the theories according to emphasis placed on causes, 99. — Extracts from writers emphasizing factors other than economic institutions, 104. — Extracts from writers emphasizing economic institutions, 109.

Date: 1926
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