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N. D. Kondratiev and a New Methodological Agenda for Economics

In: Russian and Western Economic Thought

Author

Listed:
  • Natalia Makasheva

    (National Research University Higher School of Economics)

Abstract

The article addresses to Kondratiev’s approach to the problems of economic dynamics, cycle, and conjuncture in the context of a new methodological agenda which was formulated in the 1920s in Europe and the USA by representatives of the “brilliant generation of economists,” mostly, members of econometric movement and its adherents among acquired Russian economists. A distinguishing feature of this generation was that its representatives were striving to make economics an objective science penetrated by rigorous way of thinking and based on a unification between the theoretical-quantitative and the empirical-quantitative approaches to the study of economic phenomena. This paper discusses Kondratiev’s project on the general theory of economic dynamics as an embodiment of that methodological agenda. It also highlights a free exchange of ideas between Kondratiev and economists from different countries as a breeding ground for the emergence of the project and a necessary condition for its implementation.

Suggested Citation

  • Natalia Makasheva, 2022. "N. D. Kondratiev and a New Methodological Agenda for Economics," Springer Studies in the History of Economic Thought, in: Vladimir Avtonomov & Harald Hagemann (ed.), Russian and Western Economic Thought, pages 267-285, Springer.
    • Handle: RePEc:spr:spshcp:978-3-030-99052-7_13
    DOI: 10.1007/978-3-030-99052-7_13
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    Keywords

    N. D. Kondratiev; Methodology; Economic dynamics; Empirical method; Theoretical method; Statistical approach; B1; B2; B3; B4;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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