"Analyzing business cycles means neither more nor less than analyzing the economic process of the capitalist era.... Cycles are not like tonsils, separable things that might be treated by themselves, but are, like the beat of the heart, of the essence of the organism that displays them."
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Original Language: English
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Sources
Joseph A. Schumpeter (1939, 5), as cited in: Robert J. Gordon, ed. The American Business Cycle: Continuity and Change, 1986. p. 1
https://en.wikiquote.org/wiki/Business_cycle
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Business cycle
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