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“The business cycle takes a human toll, as the layoffs splashed across the headlines attest. Policymakers are increasingly expected to smooth this business cycle; economists are supposed to tell them how to do it. Wheelan, Charles J.. Naked Economics: Undressing the Dismal Science (p. 213). W. W. Norton & Company. Kindle Edition.” — Wheelan, Charles J.
The business cycle takes a human toll, as the layoffs splashed across the headlines attest. Policymakers are increasingly expected to smooth this business cycle; economists are supposed to tell them how to do it.
Wheelan, Charles J.. Naked Economics: Undressing the Dismal Science (p. 213). W. W. Norton & Company. Kindle Edition.