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The Kondratieff Waves
by Nathan Mager
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Amazon.com Product Description (ISBN 0275921492, Hardcover)
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.
(retrieved from Amazon Thu, 12 Mar 2015 18:20:24 -0400)
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