Nikolai d kondratieff biography of william

(&#x;), agricultural economist and business cycle analyst.

Internationally renowned for his work on long-run economic cycles, Nikolai Kondratiev was born in in Ivanovskaya region.

He studied economics under Mikhail Tugan-Baranovsky and became an important member of the Socialist Revolutionary (SR) Party. His first major work was a detailed study of the Russian grain market, and in he created the world-famous Conjuncture Institute in Moscow.

Nikolai d kondratieff biography of william shakespeare

In he published his first account of long cycles. These were approximately fifty-year economic cycles, revealed in price levels and trade statistics, which appeared to provoke (or be provoked by) technological innovations and social upheavals, and which were caused by the periodic renewal of basic capital goods.

This idea, subsequently called the Kondratiev cycle, has been very influential among non-mainstream economists and is even employed by historians and stock market analysts, but it is fundamentally questi