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Quotes from Business Fluctuations — Robert Aaron Gordon

1908–1978 United States

← All quotes by Robert Aaron Gordon

1 quote

Business-cycle theorists concerned themselves with why the economy naturally generated fluctuations in employment and output, [while the rest of the profession] continued to operate on the assumption that full employment was the natural, equilibrium position for the economy.

Business Fluctuations (1952)

Attribution

Quotes and notes from Wikiquote: Robert Aaron Gordon (page history), available under CC BY-SA 4.0.