In economics, the term pork cycle, hog cycle, or cattle cycle describes the phenomenon of cyclical fluctuations of supply and prices in livestock markets. It was first observed in pig markets in the US by Mordecai Ezekiel and in Europe by the German scholar Arthur Hanau.
Famous quotes containing the words pork and/or cycle:
“Such writing is a sort of mental masturbation.... I don’t mean that he is indecent but viciously soliciting his own ideas into a state which is neither poetry nor anything else but a Bedlam vision produced by raw pork and opium.”
—George Gordon Noel Byron (1788–1824)
“The Buddha, the Godhead, resides quite as comfortably in the circuits of a digital computer or the gears of a cycle transmission as he does at the top of a mountain or in the petals of a flower.”
—Robert M. Pirsig (b. 1928)