The Costs of Business Cycles - Professor Jagjit Chadha
1,362 views · Published 9 October 2015 · 55:19 · Indexed 6 November 2026
Channel: Gresham College · 2015 · Education
Can we insure ourselves against future recessions and crashes?: http://www.gresham.ac.uk/lectures-and-events/the-costs-of-business-cycles How much would you pay to avoid a recession? In other words, can we place a price on the economic costs of business cycle fluctuations? Standard economic models give some clues but they bring difficulties. Can we account for the known difficulties with these models, or is it yet more complicated? In the real world, might government policy have already acted to reduce the costs of fluctuations? The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and-events/the-costs-of-business-cycles Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,800 lectures free to access or download from the website. Website: http://www.gresham.ac.uk Twitter: http://twitter.com/GreshamCollege Facebook: https://www.facebook.com/greshamcollege
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