Biographies by Category
Art
Athletes
Entertainers
Literature
Musicians
Political and Military Leaders
Religious Leaders
Scientists
Biographies - Complete List
Biographies - Full Length Books
Photo Galleries
Daily Trivia & Humor
Learn Spanish Resources
Quotable Store
Sister Sites
Biography of Nikolai Kondratiev - Economist
Biography
N
Nikolai Dmitriyevich Kondratiev (1892-1938) was a Russian economist. He proposed a theory that Western capitalist economies have long term (40-60 year) cycles of boom followed by depression (economics)|depression. These cycles are now called "Kondratiev waves". Kondratiev was arrested in 1930. Stalin took a keen personal interest in Kondratiev's trial. As a distinguished economist with an international reputation Kondratiev was considered a threat to the regime. Kondratiev was forced to confess to imaginary crimes. Convicted as a "kulak-professor", he was banished to Suzdal in 1932. In 1938 he was issued a new sentence - ten years without the right to correspond with the outside world; this phrase was a code for a death sentence and Kondratiev was executed on the same day it was issued. ==External link== * http://faculty.washington.edu/~krumme/207/developm ent/longwaves.html Kondratiev wave website - by Gunter Krumme, University of Washington
Copyright (c) 2004 Web Publishing Group LLC, All Rights Reserved
This article was derived fully or in part from an article on Wikipedia.org - the free encyclopedia created and edited by online user community. The text was not checked or edited by anyone on our staff. Although the vast
majority of the wikipedia encyclopedia articles provide accurate and timely information please do not assume the accuracy of any particular article. This article is distributed under the terms of
GNU Free Documentation License.
For information about public domain texts and photographs on our site, read the copyright information and disclaimer.
