First issued in 1937 and then revised in 1957, Prosperity and Depression focuses on the task of analyzing existing theories of the business cycle and deriving a synthetic account of the nature and possible causes of economic fluctuations
I: Systematic Analysis of the Theories of the Business Cycle; 1: Preliminary Remarks; 2: The Purely Monetary Theory; 3: The Over-Investment Theories; 4: Changes In Cost, Horizontal Maladjustments And Over-Indebtedness as Causes of Crises And Depressions; 5: Under-Consumption Theories; 6: "Psychological Theories"; 7: Harvest Theories. Agriculture And The Business Cycle; 8: Some Recent Discussions Relating To The Theory of The Trade Cycle; II: Synthetic Exposition Relating To The Nature And Causes of Business Cycles; 9: Definition And Measurement of The Business Cycle; 10: The Process of Expansion And Contraction; 11: The Turning-Points. Crisis And Revival; 12: International Aspects of Business Cycles; III: Monetary And Real Factors Affecting Economic Stability; 13: Critique: Tendencies In Modern Economic Theory