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• Exorcise fear of a depression by Charles Bebber

  ARTICLE SYNOPSIS ...Exorcise fear of a depression by Charles Bebber Not surprisingly, economic reports in the weeks following the stock market's Black Monday bristled with references to pessimism, alarm and failure of confidence. Contemporary economic thought has long taken for granted that psychology plays a key role in the economy's performance. The high drama of October, therefore, compelled analysts to weigh again and again the possible emotional repercussions on markets and consumers. From the standpoint of psychology, however, questions can be raised regarding their repeated allusions to one particular ps...

AUTHOR: Charles BebberDATE: MAY 1988