The Kondratieff Waves Nathan H. Mager

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259 pages


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The Kondratieff Waves  by  Nathan H. Mager

The Kondratieff Waves by Nathan H. Mager
| Kindle Edition | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 259 pages | ISBN: | 6.35 Mb

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 studyingMoreNikolai 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 Kondratieffs 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.



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