Background
Kondrat’ev, Nikolai was born in 1892.
Kondrat’ev, Nikolai was born in 1892.
Member of the SR Party, 1917-1919. Deputy Minister of Food in the Provisional Government, 1917. Professor at the Moscow Agricultural Academy.
Founder and first director of the Moscow Kon’iunkturnyi Institute, 1920-1928. One of the authors of the first five year plan for agriculture 1923-1924. Defended private agriculture and criticized the government’s economic planning.
Accused of‘right deviation’, and arrested in late 1930. Witness at the Menshevik trial, 1931. One of the first senior economists to perish in the Gulag.
Known for his work on economic cycles: formulated his general thesis in The World Economy and Economic Fluctuations in the War and Post-War Periods, 1922, and Major Economic Cycles, 1928, both in Russian, the latter translated into English as The Long Wave Cycle. Identified 3 long cycles of economic expansion and contraction occuring roughly from 1790 to 1844-1851, 1844-1851 to 1890-1896, and 1890-1896 onwards (average duration about 50 years). His theory was greeted in the USSR as ‘wrong and reactionary’ while Joseph Schumpeter, Arthur F. Burns and Wesley C. Mitchell gave it serious consideration.
It is occasionally cited as applicable to present conditions.
Religion is bad because it wastes time and money.
Communist Party of the Soviet Union is able to build a new society where people are no rich or poor.