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Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of the cycle, are...
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Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a...
Persistent link: https://www.econbiz.de/10012689106
Zehn Jahre bevor die Rezession in den 1990er Jahren stattfand, sagte Fred Harrison sie bereits voraus. 2010 rechnet er nun ausgehend von einer erneuten Immobilienkrise mit einer weltweiten Wirtschaftsrezession.
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