Major Recessions

`Dow's critiqye of contemporary trends in macroeconomic thought is as pointed as it is refreshing ... The book is reasoned, erudite, packed with quantitative information of great use, and resolutely engaged with contemporary debates concerning macroeconomic theory and policy ... Major Recessions rewards the patient and disciplined reader with a concrete appreciation of the powers of the Keynesian view. At the same time, it stands in testimony to the work of a fine scholar, now lost to us, who was never afraid to subject his ideas to the punishing scrutiny of Whitehall and Threadneedle Street.' Michael A.Bernstein, Business History Review `a powerful restatement of the Keynesian approach to the study of business cycles, one that clearly (and at times passionately) rejects the current popular applications and nostrums of a new classical economics.' Michael A.Bernstein, Business History Review `...a fascinating book...a fitting epitaph.' David Smith. The Sunday Times. 13/12/1998. `Because it tackles one of the most important issues facing policy-makers, the book will reach a wider audience than that received by the usual economic tome. It deserves to. The interesting thing about the Dow book is that it deals with the crucial issue of whether the downward swing of the cycle develops into a serious recession.' Hamish McRae. The Independent. 10/12/1998. `In his magisterial study of recessions, published last year, the late Christopher Dow brought out how different things can be.' Martin Wolf. The Finacial Times. 26/4/1999I Reviewed in Long Range Planning, October 1999. OK review but no quotes to pull out.