This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward...

The article examines genesis of emergence and development of the crisis phenomena in economy of the countries of the world and their research in works of scientists. The main theories explaining the reasons of cyclic crises and chronology of change of views of scientists on recurrence in...