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Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book)
Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book)
Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book)
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Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book)

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The must-read summary of Lakshman Achuthan and Anirvan Banerji's book: "Beating the Business Cycle: How to Predict from Turning Points in the Economy".

This complete summary of the ideas from Makshman Acuthan and Anirvan Banerji's book "Beating the Business Cycle" shows that many people now assume the business cycle has been mastered, and there is no need to worry about economic recessions or recoveries any more. This point-of-view, however, might be overly optimistic. The economy will continue to rise and fall in the future, and those who accurately forecast these future turning points will have the greatest opportunity to position themselves advantageously. This summary gives concrete advice on how to use the ebbs and flows of the general business cycle advantageously. It will help you break from the pattern of basing economic decisions on the recent past, and will show you how to use a decision-making framework that can see through the delusions of the crowd, and anticipate the next turn in the economy.

Added-value of this summary: 
• Save time 
• Understand the key concepts
• Increase your business knowledge 

To learn more, read "Beating the Business Cycle" and make accurate decisions. 
LanguageEnglish
Release dateFeb 15, 2013
ISBN9782806222879
Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book)

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    Beating the Business Cycle (Review and Analysis of Achuthan and Banerji's Book) - BusinessNews Publishing

    Book Presentation: Beating the Business Cycle by Lakshman Achuthan and Anirvan Banerji

    Summary of Beating the Business Cycle (Lakshman Achuthan and Anirvan Banerji)

    Book Abstract

    In light of the longest bull run in history which lasted for most of the 1990s, many people now assume the business cycle has been mastered, and there is no need to worry about economic recessions or recoveries any more. This point-of-view, however, might be overly optimistic. The economy will continue to rise and fall in the future, and those who accurately forecast future these future turning points will have the greatest opportunity to position themselves advantageously.

    Since 1790, the U.S. economy has experienced forty-six business cycles. Time and again people came to believe that business cycles had been banished, only to be surprised by a new recession. No sooner had Mark Twain written about the ‘Gilded Age’ in 1873 than a depression enveloped the economy. In the twentieth century alone, we’ve seen three periods hailed as ‘New Eras’. As remarkable as it may seem, every so often we fall into the trap of believing that some new innovation, technology, or policy has paved the way for a New Era of endless prosperity, where risk and downturns are a thing of the past. It is from these heights of certainty that we tend to crash to the depths of despair, where risk seems to lurk around every corner. Neither extreme is realistic. Cycles always turn: the questions is when. While every cycle need not exhibit a spectacular boom or bust, it is a sure bet that you will see more recessions and recoveries in the future. Whether a mild recession or a major depression lies ahead, you can be forewarned and forearmed, protecting your interests by staying ahead of the crowd.

    – Lakshman Achuthan and Anirvan Banerji

    To use the ebbs and flows of the general business cycle advantageously:

    Learn how and why the

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