Understanding the economy requires recognizing the predictable sequence of the Business Cycle, which is critical for ...

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, ...

The economic or business cycle refers to the pattern of expansion and contraction experienced by the economy. The economy remains in an expansion phase until it reaches its peak, reversing to the ...

The movement of the financial markets can seem mysterious — and yet, if we look back over long periods, we can see definite ...