Download or read book Cognitive Science, Development, and Psychopathology written by Jacob A. Burack and published by Oxford University Press. This book was released on 2012-09-06 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements.