Boom and Bust

Boom and Bust

Streaming Video - 2012
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The nation's cycles of economic booms and busts were considered intrinsically capitalistic by Joseph Schumpeter who called them "methodic economic growth," and by Karl Marx who lambasted capitalism as inherently flawed. John Maynard Keynes held that recessions depended on the balance of aggregate demand and aggregate supply. Economist Hyman Minsky provided a promising explanation for the Great Recession of the 21st Century with his theory that the financial system plays a determining role in economic cycles.
Publisher: [Place of publication not identified] : Annenberg Learner (Firm), [2012]
Edition: 21st Century Edition
Copyright Date: ©2012
Characteristics: video file,rda
1 online resource (1 video file (28 min., 38 sec.)) : color and sound

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