Long Waves In Economic Life (1935)

The Long Waves In Economic Life is a book written in 1935 by Nikolai D. Kondratieff, a Russian economist. The book examines the theory of long economic cycles, also known as Kondratieff cycles, which are recurring patterns of economic growth and decline that last for several decades. Kondratieff argues that these cycles are caused by a combination of technological innovation, changes in the structure of the economy, and shifts in the balance of power between different countries and regions. He also discusses the role of government policies in shaping these cycles, and suggests that economic planning and intervention can help to mitigate the negative effects of economic downturns. The Long Waves In Economic Life remains a classic work in the field of economic history and is still widely cited and debated by economists today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.