Of all fluctuations in economic activity, the long wave or Kondratieff cycle is easily the most puzzling and least understood one. Does it really exist, and if

THE idea that the dynamics of economic life in the capitalistic social order is not of a simple and linear but rather of a complex and cyclical character is now

This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the publi

Is economic development a "random walk" or do underlying rhythms and cycles make it possible to anticipate long-term trends? After extensive analysis of economi