Is the business cycle is dead?

Question

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Answer 1

If you mean the boom/bust cycle, I would say no. Instability is inherent in the marketplace. There is ever-present pressure for greater profitability at all social costs (the definition of fiduciary responsibility of the board of directors is to ensure this happens, as has been dictated by institutional investors) and so economic expansion is a matter of structural need. Economic expansion is a state of instability with a tendency toward overall growth. This is what drives the business cycle.

Answer 2

everybody went home and we aren't coming back, if the business of government is business then it will be controlled and bought and paid for as a classic example of displaying the wrong hope diamond to the public,Phony ideals, dead is pretty much the way that we aren't going to get from here to there unless there a better reason for it. Enron was a good example of this,and the other fifty states are from Texas either, cycles are gone stacking the economy straight up and corporate CEOs stealing of the mega blocks of cash and taking them up for profits on top of earnings is how long can we hold a vertical climb and pretend there is a linear cycle

Answer 3

No. But it is caused by our inability to understand economics, which is a fault that I think we are getting better at.