Business Cycles Explained: Introduction

Check out Prof. Cowen’s popular econ blog, Marginal Revolution.

Big crises raise big questions. In the wake of the recent financial crisis, economists are asking million-dollar macro-economic questions: What causes market fluctuation?  What causes business cycles?
In this series of videos, Professor Tyler Cowen vets the contenders for the “top macroeconomic theory” title. Tune in to discover the strengths and weaknesses of four theories—and find out who earns the crown from Cowen.


  1. Matt Wavle

    He asks in his blog, does the minimum wage affect crime?  I believe that any price setting measures are an affront on the property rights, and a violation of basic human rights IS a crime, so Yes, a minimum or maximum wage does affect crime.

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