Eliminating Economic Crises

Eliminating Economic Crises

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Wouldn’t it be nice to permanently rid ourselves of economic crises? In a previous article, I showed that the waste of the boom and the cost of the bust are brutal even using the best recovery policies available. Here I unveil the reason for the ongoing boom-bust cycle and how to eliminate the cycle crisis permanently. Most people think that the business cycle, which necessarily ends in crisis, is inherent to capitalism. Karl Marx thought we would have ever-increasing crises that would help bring about his imagined communism. John Maynard Keynes believed the business cycle was a psychological problem involving...
Source: https://www.newswars.com/eliminating-economic-crises/