Otherwise, we will experience a deep but cyclical crisis, without solving the structural problems in our economies.

So would reform of the insurance industry to avoid the cyclical crisis in insurance premiums.

The second variant is the one that has produced the greatest number of specific theories of cyclical crisis.

Regulationist economists make a distinction between cyclical crisis and structural crisis.

With the internationalization of capital flow, there will be a cyclical crisis of world capitalism, a crisis made more imminent by the market crash.

But a small inner circle came to believe that, in a new era, the answer wasn't merely to tack to the latest winds, cope with cyclical crises.

But it is one of the maddening features of the cyclical crises of the Middle East that the perceptions of the competing sides rarely coincide.

Madam President, unfortunately, the problems affecting European beekeeping are more serious and deeper rooted than the cyclical crises that recurrently affect other, apparently more important, sectors.

For today's new Russia, the current economic crunch is the first real, cyclical crisis, of the kind which bring profound corrections to the world economy in long cycles of 30-35 years.

This is a cyclical crisis, caused by the difficult economic situation, which has led to a decline in milk consumption and created stagnant markets, with the prices paid to producers in free fall.

Briefly, cyclical crises occur because production capacity gets ahead of mass purchasing power, an inevitable result of the capitalist aim of higher and higher profits - indeed, of the system itself.

Kostolany was a critic of the gold standard, the monetary system that fixes exchange rates to the price of gold, since he believed that whenever it was used, it suppressed economic growth and led to cyclical crises.

Marx believed that if the proletariat were to seize the means of production, they would encourage social relations that would benefit everyone equally, abolishing exploiting class, and introduce a system of production less vulnerable to cyclical crises.

One day, a doctoral candidate, mistaking me for faculty (the teachers now were the same age as the students, or vice versa), asked me what this Lord Chandos they were talking about in an economics course on cyclical crises had written.