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Economic Cycles

In: Empirical Regional Economics

Author

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  • Richard S. Conway

    (Dick Conway and Associates)

Abstract

We have a tradition of naming the different stages of economic cycles: Roaring Twenties and the Great Depression, the Dot-Com Boom and Bust, and the Housing Bubble and the Great Recession. While this custom might seem curious, it is not surprising, since these points in time represent the best and worst that our economy has to offer. It would be beneficial to everyone—with perhaps the exception of speculators—to put a damper on economic cycles. But that would require a greater understanding of how our economy works than we seem to have.

Suggested Citation

  • Richard S. Conway, 2022. "Economic Cycles," Springer Texts in Business and Economics, in: Empirical Regional Economics, chapter 0, pages 219-231, Springer.
    • Handle: RePEc:spr:sptchp:978-3-030-76646-7_10
    DOI: 10.1007/978-3-030-76646-7_10
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