Here’s the news about tonight’s session from our friends at the UoA Economics Group:
In recent weeks we examined the causes of the booms and busts that seem to be becoming more frequent. We spent time examining the Great Depression and the role of the Central Banks at that time.
But a good question asked by some in those seminars was whether there were booms and busts before central banks were created.
The answer to this requires a study of history and specifically of the history of business cycles in the United States. So in tonight’s seminar we will look back in time to see what we can learn from the past. While the examples will be based on US history, virtually all the same things can be said about the UK and NZ etc. We will discuss what lessons we in New Zealand can take from the US experience.
Look forward to seeing you tonight.
Date: Tuesday 20 September
Location: Case Room 1, Level 0, University of Auckland Business School