IAP Political Forum

Social Discussions => Business and Economics => Topic started by: jpn of Seattle on November 12, 2007, 03:59:34 PM



Title: The Business Cycle
Post by: jpn of Seattle on November 12, 2007, 03:59:34 PM
Here's a nice depiction of the business cycle. It's a phenomenon that I don't believe anyone understands, but it appears to play a powerful role in economics.

(http://bp1.blogger.com/_FkNl3j2hoNg/Rzeeq6Gxv8I/AAAAAAAAANE/Aa60fEfXQzw/s400/a1.png)

The NBER is the accepted arbiter of the cycle dates: http://www.nber.org/cycles.html/ (http://www.nber.org/cycles.html/)