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What I Learned from the Recession [Policy Perspectives]

Authors :
Clinton J. Andrews
Source :
IEEE Technology and Society Magazine. 30:6-7
Publication Year :
2011
Publisher :
Institute of Electrical and Electronics Engineers (IEEE), 2011.

Abstract

I still have my job and home. Nonetheless this recession has taught me some very direct lessons about economics. Like many of you, I now know to spend more prudently, save more, and avoid taking on too much debt. But what about the big picture? What causes the economic fluctuations that give us our booms and busts? Do we know more about them than we did a century ago, or even three years ago? Here are some of the explanations that economists have given for business cycles.

Details

ISSN :
02780097
Volume :
30
Database :
OpenAIRE
Journal :
IEEE Technology and Society Magazine
Accession number :
edsair.doi...........bd81fd45e23a4bdc2540b076e952f9ed
Full Text :
https://doi.org/10.1109/mts.2011.940290