The American Business Cycle of 1879-85

  title={The American Business Cycle of 1879-85},
  author={Rendigs Fels},
  journal={Journal of Political Economy},
  pages={60 - 75}
  • Rendigs Fels
  • Published 1952
  • Economics
  • Journal of Political Economy
ACCORDING to the National Bureau of Economic Research, there was a business cycle in the United States of America which, counting from trough to trough, began in March, I879, and lasted until May, i885.2 There has been very little research done on this cycle. So far as I know, the only intensive work done on it in recent years was by Arthur G. Auble in his unpublished doctoral dissertation.3 Schumpeter4 and others have made some scattered comments on it, but the best published accounts are… Expand
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