What causes the ebbs and flows of the business cycle? In the first of two videos, Chicago Booth's Amir Sufi argues that one key factor is the financial sector and its willingness to lend. As credit becomes more and more available at the household level, the economy booms—but when household debt becomes unsustainable, it sows the seeds for a bust. For an explanation of how inequality may fuel credit-supply expansions, see part two of this series.
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Mervyn King, former Governor of the Bank of England, discusses inflation and what comes next for the economy.
Capitalisn’t: He Foresaw Inflation. Here’s What He Expects Next.
Research suggests a two-part pricing model to bring electricity “prosumers” into the energy market.
How to Make Rooftop Solar Energy a Better Business
Two polls consider the likely economic consequences of the war and the responses to it by the international community.
How Will the War in Ukraine Change the Global Economy?Your Privacy
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