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Journal of Libertarian Studies 19, no. 3 (Summer 2005)

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Journal of Libertarian Studies 19, no. 3 (Summer 2005)

MALINVESTMENT" ENOUGH TO GO BUST? By Enrico Colombatto. The business cycle refers to fairly broad changes in economic activity according to a well-identified sequence, which includes a boom, a crisis, a period of stagnation, and then a new expansion. This sequence tends to repeat itself; but neither the length of the cycle...
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Author:

Antoin E. Murphy

Department of Economics Trinity College, Dublin.

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