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The Long Wave Theory Confirmed by the Present Crisis

In: Controlling Industrial Economies

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  • L. H. Dupriez

Abstract

Since 1945, the long waves in economic life have been a subject very scantily treated in economics if not even rejected in economic literature published in English. Interest in the long-wave theory is reviving as a result of economic trends since 1974. But many still look askance at the problem, as it appears in a garb very different from the original association of the long wave with gold which many remember as being linked with the name of N.D. Kondratieff: indeed so associated with that name that Schumpeter once called the long wave the Kondratieff movement (see Kondratieff, 1925).

Suggested Citation

  • L. H. Dupriez, 1983. "The Long Wave Theory Confirmed by the Present Crisis," Palgrave Macmillan Books, in: Stephen F. Frowen (ed.), Controlling Industrial Economies, chapter 0, pages 51-59, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06340-6_3
    DOI: 10.1007/978-1-349-06340-6_3
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