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47 sats \ 3 replies \ @Undisciplined 22 Jun \ parent \ on: Are regular economic downturns/recessions "normal and inevitable"? econ
I largely share that view, but 1) Is there reason for it to be a semi-regular cycle? and 2) How small would the amplitude have to be for us to say there are not business cycles?
Dang it I knew I should've paid more attention in my macro classes
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You were channeling some sort of mishmash of Real Business Cycle Theory and Austrian Business Cycle Theory.
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Great, I somehow managed to step into two ponds that I have very little knowledge of either haha
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