The economy of any nation is an intricate web of relationships among the factors determining supply and demand--and everything that affects them, from inflation

This book examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth and early twenty-first

Presents the empirical data of business cycles and the theories that economists have developed to explain and prevent them, and considers case studies of recess

The author of "The Age of Diminished Expectations" returns with a sobering tour of the global economic crises of the last two years.