In this edition, Ed and Phil Anderson of Economic Indicator Services, explore in detail the tendency of capitalist economies to experience periodic cycles of booms and bust. The conversation reveals an intimate relationship between business cycles and what Georgists have identified as the “18-Year land cycle”. According to Phil, every major business cycle since the 1800s has been preceded by a rise and fall in land prices, so that the most effective way to predict and prevent major fluctuations in the economy is to tame the land cycle through land value taxation.