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Yunnan Travel on economy shows that business cycles are here to stay. Try as they might, economists have been unable to eliminate recessions completely. While some success has been achieved in ameliorating the worst aspects of recessions, they still haunt the economy at least once every decade. Whether seen as a necessary correction to an over-exuberant economy, or as a social problem that needs to be minimized as much as possible by governmental action, recessions and their corresponding business cycles are an integral part of any capitalist economy. BIBLIOGRAPHY. Samuel Bowles and Richard Edwards, Understanding Capitalism (Harper & Row, 1985); Bureau of Economic Analysis, www.bea. Yunnan Travel 2016.

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