It's ba-a-a-ck! The business cycle, that economic beast from 20,000 fathoms, is poking up its head again. The rushing tides of the new economy kept it submerged for almost a decade, but they could not drown it for good. It lives! Only it now looks like a pretty tame beast. A little slower growth in U.S. production, a little more inflation before the slowdown takes effect, a bit more unemployment, eventually, maybe...that's about the worst damage that the cycle is expected to inflict. Unless...
Such was the consensus of TIME's Board of Economists, which gathered in late May in Manhattan...
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