1st Edition

The Economic Merry-Go-Round (RLE: Business Cycles) A New Theory of Trade Cycles with the Document of History as Proof

By Edmund Walker Copyright 2015
    148 Pages
    by Routledge

    146 Pages
    by Routledge

    Originally published in the Great Depression this accessible volume was aimed not only at the academic economist, but also the general reader. The cycles of panic, boom and bust are discussed and solutions provided as to how to get over the bust periods as efficiently as possible. The commodities of wheat and gold are discussed in detail, and comparisons made between UK and US budget surpluses and deficits.

    Part 1: The Theory 1. Introduction 2. Description of ‘Key’ Cycle and Chart 3. Wheat and Gold 4. Résumé of Commercial History of the 19th Century 5. Commercial Epochs During the Past 125 Years Part 2: The Proof 6. Concerning the Figures 7 – 11 Facts: The Material Years 1910-1935 Part 3: Conclusions 12 The Markets 13. Application of ‘Key’ Cycle 14. A Prophecy. Appendices 1. Annual Totals: Imports, Exports and Re-Exports in U.K. 2. Annual Average Price of Wheat: 1810-1935 3. Summary of Dates Connected with England’s foreign Trade 4. Budget Surpluses and Deficits 5. Income Tax 6. Bibliography.

    Biography

    Edmund A.H. Walker