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Promotion as the Cause of Crises

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  • Minnie Throop England

Abstract

Two groups of crisis theories, 748. — Failures the chief phenomena in the crisis, 749. — Promotion activity the cause of prosperity, 750. — Relation between promotion and failures, 752. — Newly-promoted concerns fail, 752. — Old concerns fail because of competition of new, 755. — All kinds fail because of inability to cope with dynamic conditions, 756. — The part of credit in the cycle, 761. — Exhaustion of loanable funds, 761. — Falling reserve ratios or falling reserves, 762. — Gold movements before crises, 763. — Break down of credit not the main cause of crises, 764. — Crisis failures include insolvent as well as solvent concerns, 765. — Promotion the cause of crises, 766.

Suggested Citation

  • Minnie Throop England, 1915. "Promotion as the Cause of Crises," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 29(4), pages 748-767.
    • Handle: RePEc:oup:qjecon:v:29:y:1915:i:4:p:748-767.
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    Cited by:

    1. Christopher K. Manner, 2016. "A Review of Pre-Keynesian Neoclassical Business Cycle Theory," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 11(1), pages 7-15, April.

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