2010 | OriginalPaper | Buchkapitel
Why Great Powers Come and Go
The Long Wave Goodbye–And Hello
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Nikolai Kondratiev was a Russian Marxist economist who directed the Conjuncture Institute in Moscow in the 1920s. The principal focus of his institute’s work was the study of business cycles in the capitalist economies, since socialist economies do not have the degrees of freedom needed for such cycles to occur.