If there’s any one subject in economics that too few people understand, but everybody should, it’s the subject of the business cycle.
Why do these boom-bust cycles occur?
What drives them?
Are they becoming more frequent?
And can these damaging cycles be prevented?
Tomorrow night the Auckland Uni Economics Group looks at this important subject—it’s not just for student of economics, but for everyone who’s interested, because these boom-bust cycles affect us all.
So feel free to come along and join in.
- Date: Tuesday 14th September
- Time: 6pm
- Room: University of Auckland Business School, Owen G Glenn Building, Room 317 (Level 3)
- Visit the UoA Economics Group blog http://uoaecongroup.wordpress.com/
What about having some drinks (ie, alcohol) prior to or after the session? It is a bit boring when everyone sits there and listen for an hour or so without some discussions. I recommend that people should bring something to drink. Can this be confirmed by the organizers.
ReplyDeleteI'm interested but can't make it. Any chance of recording an audio of this talk and posting it?
ReplyDeleteWhat's so hard about this:
ReplyDeleteWhy do these boom-bust cycles occur?
Freedom.
What drives them?
Optimising the continuous differential equations of production in a market economy
Are they becoming more frequent?
No.
And can these damaging cycles be prevented?
No. But they can be made drastically worse by government intervention. Exhibit:1 South Canterbury Finance. Exhibit 2. Rebuilding Funds for Canterbury.
@FF: I'm not sure we can drink in the rooms. I am sure however that we can all go for a drink and a chat afterwards. As we should.
ReplyDelete@Lee; I don't think there are any plans to record and post these. When we have high-flying guest lecturers however (of which there should be a few coming up) that might be a different matter.
@Anonymous: So you're saying boom-bust cycles caused and causeless; both natural events and caused by freedom; by both maths and govt intervention; and -- and against the historical evidence that they are now less frequent rather than more.
No wonder you post anonymously. I'd be embarrassed too, if I were you. ;^)
Sorry Falafulu Fisi. No drinking or eating is permitted in the rooms. And sorry Lee S, we are not set up to provide audio of the sessions, however, it is something that we might look to do when resources allow.
ReplyDeleteOkay, thanks anyway
ReplyDelete