Prosperity and Depression

Cover Page......Page 2
Preface......Page 6
Contents......Page 14
Introduction......Page 26
Part I - Systematic Analysis of the Theories of the Business Cycle......Page 28
I. Preliminary Remarks......Page 30
2. The Purely Monetary Theory......Page 39
3. The Over-Investment Theories......Page 54
4. Changes in Cost, Horizontal Maladjustments and Over-Indebtedness as Causes of Crises and Depressions......Page 131
5. Under-Consumption Theories......Page 143
6. Psychological Theories......Page 167
7. Harvest Theories.......Page 176
8. Some Recent Discussion, Relating to the Theory of the Trade Cycle......Page 193
Part II - Synthetic Exposition Relating to the Nature and Causes of Business Cycles......Page 280
9. Definition and Measurement of the Business Cycle......Page 282
10. The Process of Expansion and Contraction......Page 308
11. The Turning-Points. Crisis and Revival......Page 370
12. International Aspects of Business Cycles......Page 431
Part III - Further Reflection on Recent Developments in Trade Cycle Theory......Page 478
13. The Multiplier, Institutional Rigdities and Public Spending......Page 480
Appendix I......Page 534
Appendix II......Page 537
Name Index to Parts I and II......Page 540
Subject Index......Page 544