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EH.R: What is an "economic crisis"?
posted by R.D. Futselaar on October 31, 1999


People,

A friend asked me to deliver an historical lecture on 'economic crises'. I
have no problem thinking of interesting economic crises in the past and am
even able to say something sensible about them. What I lack, however, is a
general definition of an 'economic crisis'. Does anybody have one? Could
there even be such a definition, useful for both the early Roman empire and
present-day Japan?

Kind regards,

Ralf Futselaar
student of social and economic history
University of Groningen, The Netherlands