Threats to the Economic stability of the Nation . K nowledge of causal links can be most valuable. An understanding of what change inevitably produces what other change or outcome can be most important for protecting one's own economic interests.
Destructive change can lead to distrust, resentment, and hostility.
Miscalculations by families, by individuals, or by entrepreneurs, can be catastrophic. Every citizen needs his or her Early Warning System. Most important, every citizen must understand the purpose and the dynamics of the business cycle. The President and Fellows of Harvard College, 1971. The Belknap Press of Harvard University Press, 1971.