Re: [Pen-l] A fine how d'ya do

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] A fine how d'ya do
From: raghu <mraghu01@xxxxxxxxx>
Date: Wed, 4 Mar 2009 12:00:40 -0800
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On Wed, Mar 4, 2009 at 11:32 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
>> http://www.econlib.org/library/Enc/BusinessCycles.html
>
> she continues later: "Business cycles do occur, however, because
> disturbances to the economy of one sort or another push the economy
> above or below full employment. Inflationary booms can be generated by
> surges in private or public spending."


It is significant also how she sees the cause of business cycles as
presumably exogenous "disturbances".
-raghu.


--
milli-helen: The amount of beauty required to launch one ship.
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Thread context:
- [Pen-l] An interesting video on rationality, Sabri Oncu Wed 04 Mar 2009, 19:43 GMT
- [Pen-l] 4 Months, 3 Weeks, 2 Days, Louis Proyect Wed 04 Mar 2009, 19:35 GMT
- [Pen-l] A fine how d'ya do, Max Sawicky Wed 04 Mar 2009, 18:05 GMT
  - Re: [Pen-l] A fine how d'ya do, Jim Devine Wed 04 Mar 2009, 19:04 GMT
    - Re: [Pen-l] A fine how d'ya do, raghu Wed 04 Mar 2009, 19:32 GMT
      
      Re: [Pen-l] A fine how d'ya do, Jim Devine Wed 04 Mar 2009, 20:20 GMT
- [Pen-l] predators strike again!, Jim Devine Wed 04 Mar 2009, 16:13 GMT
- [Pen-l] going down... down..., Jim Devine Wed 04 Mar 2009, 15:41 GMT
  - Re: [Pen-l] going down... down..., Bill Lear Wed 04 Mar 2009, 15:54 GMT

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