The Long Waves in Economic Life by Nikolai D Kondratieff

The Long Waves in Economic Life by Nikolai D Kondratieff

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The Long Waves in Economic Life by Nikolai D Kondratieff

2014 Reprint of 1935 English Translation. Full facsimile of the original edition. Not reproduced with Optical Recognition Software. Originally published in 1926, Kondratieff's theory claims that the period of the wave ranges from forty to sixty years, and that the cycles consist of alternating intervals of high growth with slower growth. Unlike the short-term business cycle, the long wave of this theory is not accepted by current mainstream economics. In 1939, Joseph Schumpeter suggested naming the cycles Kondratieff waves in his honor and the term has stuck. The theory has had more influence with critics of the modern economic system than with its defenders, but remains relevant to this day.
SKU Unavailable
ISBN 13 9781614276975
ISBN 10 1614276978
Title The Long Waves in Economic Life
Author Nikolai D Kondratieff
Condition Unavailable
Binding Type Paperback
Publisher Martino Fine Books
Year published 2014-09-12
Number of pages 28
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.