the business cycle. Chapter Two reviews the history of Hong Kongs housing market, financial system and

, externalities, or slow adjustment of the labor market can account for the behavior of productivity growth over

Global financial markets series.

markets to the business cycle. This book eschews the economics of dull averages to restore the drama of

master lesson on a smarter economics, which accepts that markets act much like weather. Market

commodities--Expenditure, wages, customeers--The rate of interest--The central market and stock exchange--1919