Economic Booms
A boom–bust cycle is an episode characterized by a sustained increase in several economic indicators followed by a sharp and rapid contraction.
Read more about Economic Booms: Credit Overview, The Emerging Economies Experience, Explanations
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“The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”
—John Kenneth Galbraith (b. 1908)