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Jean Charles Leonard de Sismondi (1773-1842), whose real name was Simonde, was a writer born at Geneva. He is best known for his works on French and Italian history, and his economic ideas.
In many respects, Sismondi's thought was ahead of its time. Schumpeter credited him as the father of dynamic analysis in the modern sense. He is also recognized by all as the pioneer of business cycle analysis. Until this book there had been no full translation of his major work in English. This translation will illuminate the genesis of Marxist ideology and some of the basic causes of its failures.