10 февраля 2011
4274

ON SPECIFIC FEATURES OF STRUCTURAL CYCLES

Economic theory pays a lot of attention to equilibrium states of economy. It is feasible and explainable because the economical equilibrium, as numerous researches have shown, has apparent advantages over other states of economy. Especially attractive is a situation of equilibrium economic growth.

If the economy sees disequilibrium occurring, the main task is to eliminate it.
Some specialists, however, share another attitude; according to which the norm in the economy is constant departures from the equilibrium state .

At present, it is difficult to clearly determine which of the sides is closer to the truth despite their different significance in economic sciences. Equilibrium situations are attractive because of their considerable positive characteristics. The assertion that departures from equilibrium take place on practical basis contains an element of fatalism and irrationality that is not peculiar to the optimistic bias prevailing in the economic theoretical traditions.

ПОЛНЫЙ ТЕКСТ ЧИТАЙТЕ В ПРИЛОЖЕНИИ

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