Thomas K. McCraw business cycles (image via news.harvard.edu)

Thomas K. McCraw | Schumpeter’s Business Cycles as Business History

“Schumpeter chose the title Business Cycles not only because the topic was then fashionable (it was the central economic puzzle of the time, and had been even before the Great Depression), but also because he wanted to emphasize the economic ebb and flow that defines capitalism. “Cycles,” he writes in his preface, “are not, like tonsils, separable things that might be treated by themselves, but are, like the beat of the heart, of the essence of the organism that displays them.”

Continue Reading

edward cheung social cycles

Edward Cheung | Baby Boomers, Generation X and Social Cycles

Change happens around us everyday, but understanding change has always been difficult. Why did a generation become infatuated with rock ‘n’ roll and the civil rights movement? Why did our focus change to an obsession with the stock market and in investing in ever larger homes? What is the future of pensions and healthcare when Baby Boomers retire? The answers to these and many other questions can be found in our understanding of our past.

Continue Reading

the ideal city - historical perspective on efficiency

Looking Back on Efficiency: A Historical Perspective

History is written by the winners. Sadly this saying does not only apply when we read about wars. Any other documentation is just as much a product of a writer. And he always has a distinct view of the world. It is the source of a majority of historical data that give us insights in what happened before our time. It helps us to structure the continuous flow of happenings and events in a meaningful way. Suddenly details pop up that have been lost in time and we can reenact aspects of history deemed unimportant or dangerous.

Continue Reading

No more posts.