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عمومی::
چرخۀ رونق و رکود
If bad financial advice amplifies economic cycles of boom and bust, it causes misery to millions of people.
and products; (2) the need to engage in precautionary saving for surprises as long-run economic disruption unfolds; and (3) how to reduce boom and bust cyclicality.
Neither the concepts of John May- nard Keynes or of Friedrich von Hayek seem very effective in protecting society from financial booms and busts, despite the truths they contain.
What are the impacts of stock price booms and busts on the real economy?
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