Tuesday 1 June 2010

The Kondratiev Cycle: Where Are We Now?

In one of the early issues of my newsletter, I wrote an article about the Kondratiev Cycle, an economic cycle which was first identified by Nikolai D. Kondratiev (1892-1938) an eminent Russian economist. The famous economist, Joseph Schumpeter, once said that the Kondratiev Wave is “...the single most important tool in economic forecasting.” more

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