Hostname: page-component-78c5997874-dh8gc Total loading time: 0 Render date: 2024-11-19T16:33:06.249Z Has data issue: false hasContentIssue false

Which was the “Real” Kondratiev: 1925 or 1928?

Published online by Cambridge University Press:  11 June 2009

Vincent Barnett
Affiliation:
CREES, Birmingham University.

Extract

It is to be regretted that Nikolai Kondratiev's 1928 paper on long cycles—“The price dynamics of industrial and agricultural commodities: the theory of relative dynamics and conjuncture”—was omitted from the Pickering and Chatto English language edition of his works published in 1998. This is one of the two most important papers excluded from this edition, the other being the full text of his plan for agriculture and forestry, 1924–28. In response, this note discusses some modifications that occurred in Kondratiev's explanation of long cycles between 1925 and 1928, and puts to rest the suggestion that these changes might have taken place as the result of political factors rather than a genuine change of mind. I also counter some ofmy critics who have taken issue with my presentation of Kondratiev's conception of long cycles (most notably Jan Reijnders (2001) in this journal), and link this with a more general discussion of some of the methodological issues involved.

Type
Research Article
Copyright
Copyright © The History of Economics Society 2002

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Barnett, Vincent. 1998a. Kondratiev and the Dynamics of Economic Development: Long Cycles and Industrial Growth in Historical Context. London: Macmillan.CrossRefGoogle Scholar
Barnett, Vincent. 1998b. “Dating the Long Cycle Turning Points: Kondratiev and After.” In Makasheva, Natalia, Samuels, Warren J., and Barnett, Vincent, eds., The Works of Nikolai D. Kondratiev, vol.1. London: Pickering and Chatto, pp. xxxv1.Google Scholar
Barnett, Vincent. 2001a. “Calling up the Reserves: Keynes, Tugan-Baranovsky and Russian War Finance.” Europe-Asia Studies 53 (1): 151–69.CrossRefGoogle Scholar
Barnett, Vincent. 2001b. “Marx, Karl Heinrich.” In Jones, R. J. Barry, ed., Routledge Encyclopedia of International Political Economy, vol 2. London: Routledge, pp. 987–95.Google Scholar
Freeman, Chris and Louçã, Francisco. 2000. As Time Goes By: From the Industrial Revolution to the Information Revolution. Oxford: Oxford University Press.Google Scholar
Reijnders, Jan. 2001. “Review of Vincent Barnett, Kondratiev and the Dynamics of Economic Development: Long Cycles and Industrial Growth in Historical Context.” Journal ofthe History of Economic Thought 23 (09): 385–87.CrossRefGoogle Scholar
Samuelson, Paul. 2001. “A Modern Post-Mortem on Bohm's Capital Theory.” Journal of the History of Economic Thought 23 (09): 301–17.CrossRefGoogle Scholar
Schumpeter, Joseph. 1939. Business Cycles. New York: McGraw-Hill.Google Scholar
Tylecote, Andrew. 1998. “Politics, Technology and Economics: Kondratiev's Endogenous Theory of Long Waves.” In Makasheva, Natalia, Samuels, Warren J., and Barnett, Vincent, eds., The Works of Nikolai D. Kondratiev, vol.1. London: Pickering and Chatto, pp. lxxi–lxxxiii.Google Scholar