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By Dr. Ian Boyd, Prof. Dr. John M. Blatt (auth.)

The target of this booklet and a quick description of its con­ tents seem in bankruptcy I. the aim of this preface is to precise our due to numerous humans and agencies. Professor Peter Groenewegen of Sydney collage and Dr. Michael Krueger of the collage of Massachusetts at Amherst have either been super necessary in interpreting the ma­ terial and proffering many beneficial feedback. We additionally desire to thank an nameless referee for Springer Verlag, for his serious examining and reviews. clearly, we take complete accountability for no matter what error and shortcomings stay. OUr thank you visit Haifa collage, fairly the mem­ bers of the Haifa collage Computation middle, for his or her persistence and assist in the guidance of the manuscript and construction of digital camera replica. it's a excitement to recognize the help of a variety of contributors of employees of the collage of latest South Wales, and particularly these on the desktop facility in the college of arithmetic. Ian Boyd, Sydney, Austral ia John Blatt, Haifa, Israel. desk of Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . v bankruptcy 1. advent AND short precis. . . . . . 1 THE exchange CYCLE. 7 bankruptcy eleven. a quick historic SURVEY OF part A: Why the 19th century? • • • • • • • • • 7 part B: category of Cycles. • • •• 10 eleven part C: The Crash of 1873. ••• •• part D: Asymmetry among upward push and Fall. •• 15 part E: the rate of the Crash. 17 · . . . .

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