The Kondratieff Waves

The Kondratieff Waves

by Nathan Mager


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Nikolai Kondratieff was a Russian economist who first advanced the idea that an industrial economy—be it free market or socialist—goes 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.

Product Details

ISBN-13: 9780275921491
Publisher: ABC-CLIO, Incorporated
Publication date: 12/09/1986
Pages: 256
Product dimensions: 6.10(w) x 9.20(h) x 0.90(d)

About the Author

ger /f Nathan /i H.

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