Understanding the Boom Bust Cycle
Session 3

2021-02-22 6:30 pm - 8:30 pm
Henry George School of Social Science
Phone:(212) 889-8020
Address: 149 East 38th Street, New York, NY 10016

UNDERSTANDING THE BOOM BUST CYCLE

CLICK HERE TO REGISTER!

Why do recessions occur in capitalist economies on a recurrent basis? Is there a single explanatory cause?

In this 5-session course on the Boom and Bust Cycle, emeritus professor of Economics Dr. Fred Foldvary investigates the link between real estate and economic downturns otherwise known as business cycles. The course will revisit Homer Hoyt’s pioneering work as well as the role of money and interest rates in causing land bubbles.

Session 1: Real estate and the business cycle

Session 2: Mason Gaffney on downturns

Session 3: Homer Hoyt and the cycle

Session 4: Money, interest, and the cycle

Session 5: American land bubbles

Instructor Bio: 
Fred Foldvary is a retired professor of economics . He received his Ph.D. in Economics from George Mason University. Foldvary’s scholarly interests include public finance, real estate economics, and social ethics. Foldvary is known for his research and publications on land value taxation, community associations, and business cycles. His books include The Soul of Liberty, Public Goods and Private Communities, Dictionary of Free-Market Economics, and The Depression of 2008. Besides his articles, Fred Foldvary has written columns for www.progress.org and is one the few economists who predicted the 2007 – 2008 financial crisis.

Dates: Mondays – 2/1, 2/8, 2/22, 3/1, 3/8
Time: 6:30PM to 8:00PM EST

5 sessions
A zoom link will be provided via email before the start of the first session.

Related upcoming events

  • 2022-07-13 6:30 pm - 2022-07-13 8:00 pm

    REALITY ECONOMICS – REINTRODUCING LAND AND MONEY TO THE ANALYSIS

    What happens in economic analysis when land and money are (re)introduced in the theoretical framework?

    This 3-part course comprises 5 classes each and covers the entirety of Brian Hodgkinson’s book – A New Model of the Economy. The course offers a radical revision of modern economic theory; one that is based upon natural law, exhibiting economic security for all and a fair distribution of output among the three factors of production. The course also re-introduces concepts that have been left out by mainstream economic thought – fundamentally the role played by LAND – i.e., all natural resources available on the earth. The significance of credit, especially through the banking system, and the crucial impact of methods of taxation are presented.

    The instructor, Marty Rowland‘s training in economics began in his doctoral research in the management of the water management institutions of Tampa and Baton Rouge, where he replicated the research of Nobel economist Elinor Ostrom (2009) on communities that sustainably manage shared resources. He was mentored by institutionalist economist Daniel W. Bromley who challenged the idea that property relations among individuals necessarily apply to communities, saying that economic institutions are always in the process of becoming. Since 2010, Marty leveraged Ostrom’s and Bromley’s economic institutionalism, rising through HGSSS as student, to instructor, to Board Member, and directing research that may influence public policy toward the equitable distribution of wealth through Henry George’s policy of returning and recycling economic rent.

    Dates: Wednesdays: 6/15, 6/22, 6/29, 7/06, 7/13; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

  • 2022-08-03 6:30 pm - 2022-08-03 8:00 pm

    HISTORY AND CAUSES OF THE BUSINESS CYCLE

    What causes the boom & bust cycle and can we prevent it?

    As the US economy advances deep into the current property-market led economic turmoil, this course will present an in-depth analysis of the history and causes of business cycles. The 5-week lecture series will draw on the work of economists and public policy experts on the potential mitigating effects of governmental interventions and propose changes in taxation and public policy.

    Instructor: Edward Dodson

    Dates: Wednesdays: 8/03, 8/10, 8/17, 8/24, 8/31; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

  • 2022-08-10 6:30 pm - 2022-08-10 8:00 pm

    HISTORY AND CAUSES OF THE BUSINESS CYCLE

    What causes the boom & bust cycle and can we prevent it?

    As the US economy advances deep into the current property-market led economic turmoil, this course will present an in-depth analysis of the history and causes of business cycles. The 5-week lecture series will draw on the work of economists and public policy experts on the potential mitigating effects of governmental interventions and propose changes in taxation and public policy.

    Instructor: Edward Dodson

    Dates: Wednesdays: 8/03, 8/10, 8/17, 8/24, 8/31; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

  • 2022-08-17 6:30 pm - 2022-08-17 8:00 pm

    HISTORY AND CAUSES OF THE BUSINESS CYCLE

    What causes the boom & bust cycle and can we prevent it?

    As the US economy advances deep into the current property-market led economic turmoil, this course will present an in-depth analysis of the history and causes of business cycles. The 5-week lecture series will draw on the work of economists and public policy experts on the potential mitigating effects of governmental interventions and propose changes in taxation and public policy.

    Instructor: Edward Dodson

    Dates: Wednesdays: 8/03, 8/10, 8/17, 8/24, 8/31; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

  • 2022-08-24 6:30 pm - 2022-08-24 8:00 pm

    HISTORY AND CAUSES OF THE BUSINESS CYCLE

    What causes the boom & bust cycle and can we prevent it?

    As the US economy advances deep into the current property-market led economic turmoil, this course will present an in-depth analysis of the history and causes of business cycles. The 5-week lecture series will draw on the work of economists and public policy experts on the potential mitigating effects of governmental interventions and propose changes in taxation and public policy.

    Instructor: Edward Dodson

    Dates: Wednesdays: 8/03, 8/10, 8/17, 8/24, 8/31; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

  • 2022-08-31 6:30 pm - 2022-08-31 8:00 pm

    HISTORY AND CAUSES OF THE BUSINESS CYCLE

    What causes the boom & bust cycle and can we prevent it?

    As the US economy advances deep into the current property-market led economic turmoil, this course will present an in-depth analysis of the history and causes of business cycles. The 5-week lecture series will draw on the work of economists and public policy experts on the potential mitigating effects of governmental interventions and propose changes in taxation and public policy.

    Instructor: Edward Dodson

    Dates: Wednesdays: 8/03, 8/10, 8/17, 8/24, 8/31; from 6:30PM to 8:00PM EDT

    Note: This is an online event. Access information will be made available after registration.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.