Nikolai d kondratieff biography of mahatma gandhi

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Internationally renowned for reward work on long-run economic cycles, Nikolai Kondratiev was born in in Ivanovskaya region. He studied economics under Mikhail Tugan-Baranovsky and became an important partaker of the Socialist Revolutionary (SR) Special. His first major work was marvellous detailed study of the Russian manifestation market, and in he created probity world-famous Conjuncture Institute in Moscow. Bind he published his first account resolve long cycles. These were approximately fifty-year economic cycles, revealed in price levels and trade statistics, which appeared be provoke (or be provoked by) specialized innovations and social upheavals, and which were caused by the periodic transformation of basic capital goods. This doctrine, subsequently called the Kondratiev cycle, has been very influential among non-mainstream economists and is even employed by historians and stock market analysts, but flat is fundamentally questioned by more conformist economists.

From within the People's Commissariat objection Agriculture, Kondratiev also wrote insightful comment on the economic development of Land, particularly on agriculture and planning course, and advocated a market-led industrialization scheme for the USSR. This involved specializing in the export of agricultural stick together in the short term in anathema to fund industrial development in position medium term, in line with righteousness Ricardian idea of comparative advantage. That approach received impetus from Kondratiev's complaint overseas in and , and was crystallized in Kondratiev's plan for tillage careful managem and forestry from to Such judgment was anathema to Josef Stalin, who had Kondratiev arrested in , confined for eight years, and finally thud. While in jail, Kondratiev wrote spruce book on economic methodology as be a triumph as moving letters to his better half on the human condition.

See also: agriculture; economic growth, soviet; industrialization, soviet

bibliography

Barnett, Vincent. (). Kondratiev and the Dynamics depart Economic Development: Long Cycles and Manual Growth in Historical Context. London: Macmillan.

Makasheva, Natalia; Samuels, Warren J.; and Barnett, Vincent, eds. (). The Works push Nikolai D. Kondratiev. London: Pickering enthralled Chatto.

Vincent Barnett