Nikolai Kondratiev, Date of Birth, Date of Death
TweetNikolai Kondratiev
Russian economist
Date of Birth: 04-Mar-1892
Date of Death: 17-Sep-1938
Profession: politician, economist
Zodiac Sign: Pisces 
About Nikolai Kondratiev
- Nikolai Dmitriyevich Kondratiev (; also Kondratieff; Russian: ??????´? ???´??????? ??????´????; 4 March 1892 – 17 September 1938) was a Soviet economist, a proponent of the New Economic Policy (NEP), which in the 1920s promoted small private, free-market enterprises in the Soviet Union.
- He is best known for proposing the theory that Western capitalist economies have long term (50-to-60-year) cycles of boom followed by depression.
- These business cycles are now called "Kondratiev waves".
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