Nikolai Kondratieff was a Russian economist who first advanced the idea that an industrial economybe it free market or socialistgoes through long waves of growth and decline. He identified 40-60 year waves, going as far back as 1790, by studying the wholesale prices, interest rates, wages, and production. This book takes a serious look at Kondratieff's Wave Theory in light of current evidence and experience. Mager presents, for the first time, a comprehensive description of the long waves of economic expansion and contraction and outlines its cycles.
|Publisher:||Greenwood Publishing Group, Incorporated|
|Product dimensions:||6.10(w) x 9.20(h) x 0.90(d)|
About the Author
ger /f Nathan /i H.