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This volume brings together historians of economic thoughts, economists and economic historians to explore the interaction between economic thought and business cycles over two centuries. It examines how theories and policies have influenced each other, and how economic thought has been brought to life in economic action. The book considers periods of crisis and economic growth across several European countries, in order to explain how different national political and cultural traditions affected the interaction between economic cycles and economic theorizing. The volume focuses on crises and theories of the nineteenth and the twentieth century, with a particular focus on France, Germany and Italy, as well as coverage of non-European countries, such as the United States.