But Milton Friedman rejected their analysis, stating in 1998 that: “The Austrian business-cycle theory has done the world a great deal of harm.”
人们猜测奥地利和货币主义者志同道合，但是米尔顿弗里德曼却于1998年驳回了上述猜想，他表示：“奥地利商业周期理论对世界危害巨大。”
Guided by Austrian business-cycle theory, we would also expect to see the retail sectors begin to recover earlier than the more capital-intensive sectors.
在奥派商业周期理论的指导下，我也可以看到零售部门开始比其他资本更密集部门更早的开始复苏。
He had a profound impact on business-cycle research-his 1946 book, written with Wesley Clair Mitchell, was the seminal analysis of U.S. business cycles from 1854 to 1938.
他在商业周期研究领域有着深远的影响——他在1946年与韦斯利·克莱尔·米切尔合写的书中，富有创见地分析了从1854年到1938年的美国商业周期。
But I believe that where the business cycle is concerned, if you cannot be with the one you love, you should love the one you're with.
但我相信，这与商业周期有关，如果不能与你爱的人在一起，你应该去爱与你在一起的那位。
But the business cycle still has an important influence.
但是经济周期确实是个重要的影响。
It would highlight that the business cycle exists in China and that whilst the trend is up, one should expect setbacks along the way.
它将突出表明中国存在商业周期，尽管趋势是向上的，但人们应该预计到过程中会遇到波折。
A. How are they motivating employees and managers at this particular juncture in the business cycle?
他们如何在这个商业循环的特定关头去激励员工和经理们？
This shift means that the usual relationship between America's business cycle and commodity prices may change. Past American recessions have sent the prices of oil and other resources down.
这种格局变化意味着大宗商品价格与美国经济周期同步波动的历史可能改变，美国衰退已不大可能会引致油价下跌。
Over the past 15 years America’s underlying productivity growth—adjusted for the ups and downs of the business cycle—has outperformed most other rich economies’ by a wide margin (see chart 12).
在过去的15年中，美国的潜在劳动生产率的增长幅度（经过了经济周期的调整）大大超过了其他多数的发达国家（见图12）。
In some ways that is the inescapable reality of the business cycle.
从某个角度来说，这是一种不可避免的商业周期。
They had defeated inflation and tamed the business cycle.
他们击退了通货膨胀，驯服了经济周期。
Central Banks can adjust their policy Settings swiftly to shifts in the business cycle, but politicians can take an age to agree upon and implement changes to taxes and to public spending.
各央行可以快速调整其政策设置来适应商业周期的转变，而政客们在税收和公共开支的变革方面达成一致并实施要花很长的时间。
This recession, it clearly believes, is just another business cycle.
维加斯人坚信这只是另外一个商业循环。
But at this point in the business cycle, Labour force growth is a positive sign.
但是从这点看，在商业周期中，劳动力增长还是积极的。
Its report said that while there was still "deterioration in the business cycle", it was at a decreasing rate.
报告说：虽然“商业周期”仍然存在“恶化现象”，但是情况在不断缓解。
MOST natural disasters do not have a major impact on the business cycle.
多数自然灾害不会对经济周期产生重大影响。
But if we are focusing purely on the business cycle, then shocks to the supply and demand for money (including expectations of future changes) are the primary determinant of the pace of recovery.
但是如果我们只是单纯地把注意力放在商业周期上，那么货币供求的震动(包括对货币未来变化的期望)就是决定经济复苏速度的主导因素。
Not only has the business cycle reached the point at which productivity growth usually slows, it also has several characteristics that may have exacerbated temporary productivity swings.
不仅仅是商业周期到了生产率增长速度减慢这一点，它还有加剧暂时生产率波动的几个特征。
The problem lies deeper than the current slowdown and transcends the business cycle.
这个问题深藏在目前的经济放缓之下，超越了商业循环的范畴。
Even without these depressants Europe's business cycle was probably past its prime.
即使没有这些镇静因素欧洲商业周期的全盛时期可能过去了。
In this example, you can see the compute resources allocated to DB2 UDB change depending on the business need or the location in the business cycle.
在这个例子中，您可以看到，分配给DB 2UDB的计算资源随着业务需求或业务周期中的位置而变化。
An odd business cycle makes it hard to gauge what has happened to America's underlying rate of productivity growth.
奇怪的商业周期使得了解美国的基本生产率增长情况变得更为困难。
An odd business cycle makes it hard to gauge what has happened to America's underlying rate of productivity growth.
奇怪的商业周期使得了解美国的基本生产率增长情况变得更为困难。
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