Banking and the Business Cycle
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Banking and the Business Cycle

        

Banking and the Business Cycle

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"This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time, and concludes that the theory "here developed may be called a 'central banking' explanation of the depression. The depth and duration of the depression are held to be the ineluctable consequences of the preceding boom." 
Material Type: Open Textbook
Technical Format: PDF
Date Added to MERLOT: June 14, 2011
Date Modified in MERLOT: June 14, 2011
Author:
Submitter: Cathy Swift

Details

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review (not reviewed)
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (none)
  • Personal Collections (none)
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About

Primary Audience: College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
Technical Requirements:
Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Creative Commons: unsure

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