Forbes contributors publish independent expert analyses and insights. I share insight and perspective on financial advice and true wealth. A boom and bust cycle refers to the alternating periods of ...

The Austrian School is an under-respected economic school which unequivocally embraces free markets in favor of central planning. Austrian Business Cycle Theory attempts to explain the business cycle ...

The idea that business cycle fluctuations may stem partly from changes in consumer and business confidence is controversial. One way to test the idea is to use professional economic forecasts to ...

Making sense of the economy requires more than just tracking the latest data—it demands a framework for connecting the dots. The good news is that the economy doesn’t move in random spurts—it follows ...

Entrepreneurs come from a wide variety of different educational backgrounds, but it is important for all small-business owners to learn basic economic principles, regardless of their areas of ...

Every city, organization and business has something in common: a defined life cycle. Take New Orleans, for example. US Route 90—a segment of the Ponchartrain expressway—cuts through the heart of New ...

A business cycle refers to the periodic expansion and contraction a company experiences. While the concept often is used in relation to the larger economy, its phases have applications to each ...