The Long Waves In Economic Life (1935)

The Long Waves In Economic Life is a book written by Nikolai D. Kondratieff in 1935. The book discusses the concept of long-term economic cycles, which Kondratieff calls ""long waves."" He argues that these waves, which last approximately 50-60 years, are caused by technological innovations and changes in the structure of the economy. Kondratieff provides historical evidence to support his theory, examining economic cycles in various countries and industries. He also discusses the implications of these cycles for government policy and economic planning. The book was initially controversial, as it challenged prevailing economic theories of the time, but has since become widely recognized as an important contribution to the field of economics.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.