Business Cycles and National Income

by Alvin H. Hansen, Richard V. Clemence (Primary Contributor)

This edition (1964) of Business Cycles and National Income includes the whole of the 1951 edition (Parts I-IV) in unaltered form and adds five new chapters (Part V). This new material presents a survey and analysis of the four recessions and recoveries which we have witnessed in the American economy in the periods 1948-1963.

744 pages, Paperback

First published February 17, 1964

About the author

Full name Alvin Harvey Hansen.

Once referred to as "the American Keynes" was a professor of economics at Harvard, a widely read author on current economic issues, and an influential advisor to the government who helped create the Council of Economic Advisors and the Social security system. He is best known for introducing Keynesian economics in the United States in the 1930s. More ...