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LINKTV France 24 September 8, 2014

Annenberg media eeper into still another recession people despair and ask why is the economy so unstable . The Business Cycle proves capitalism has failed, according to karl marx but Joseph Schumpeter sees these cycles as proof of the glorious success of capitalism. Is either man right . 1929 is the year of collision between 19thcentury economic theory and 20thcentury economic reality. Out of the crash John Maynard Keynes provides a new theory of the Business Cycle. What was his revolutionary idea . Boom and bust who can explain the Business Cycle . With the help of richard gill, well explore that question on this edition of economics usa. Im david schoumacher. Boom or bust . Why is the economy so unsta ....

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