William Jevons

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August 31, 2024 4 min read Definitions

Sunspot Theory: Linking Economic Cycles to Extrinsic Factors

Economics Finance Sunspot Theory Economic Cycles William Jevons Extrinsic Factors Solar Flares

Sunspot Theory predicts that economic activity can be coordinated with events outside the economic system. Initially proposed by William Jevons, this theory links economic cycles to solar flares or sunspots. It has evolved to suggest that economic activities can correlate with outside phenomena without direct real economic effects.

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