The Economic Crisis – Result of the Economic Imbalances

Abstract:

The economic sciences have been built upon laws and interpretations, intended to be disinterested, upon equations, correlations and models; notwithstanding, the topic of crisis has represented one of those that created ardent debates on all levels, from the conditionings and resorts that were generated, and were supported, up to those effects over the economic or social lives, as well as the accurate curative measures. Beyond the theoretical speech as regards the occurrence and behavior of the economic crisis, speech that can be sometimes more elegant and less argued (within the economic theory, in generally), it is obvious that the theoretical explanations, even rigorous (such as the Hayek point of view, which supports that state is not allowed to interfere within the management of crisis, and the market mechanisms should adjust the crisis), have no immediate utility, as regards millions of people that are directly or indirectly affected by the economic crisis. No matter the causes that theory has as related to the economic cycles behavior, within the capitalist economies dynamics (the investments behavior, the consumption behavior, the currency mass of the economic circuit, the imbalance between the aggregated requirement and the aggregated offer, the behaviou of the political “actors”, innovation etc) , a conclusion has been imposed, according to which the same cumulated causes that induce the cyclic movement will not necessarily remain valid, as cumulated causes on generating the economic crisis.