Long-Wave Rhythms in Economic Development and Political Behavior

Is economic development a "random walk" or do underlying rhythms and cycles make it possible to anticipate long-term trends? Many social scientists have rejected the notion of long-term periodicity in economic trends. Now, after extensive analysis of economic data, distinguished scholar Brian J. L. Berry has found new evidence for the reliability—and the value—of "long-wave" theory.

In Long-Wave Rhythms in Economic Development and Political Bahavior, Berry argues that the synchronization of ...