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EVOLUTION
The present volume is the fifth issue of the ‘Evolution’ Yearbook series. Our Yearbooks are designed to present to its readers the widest possible spectrum of subjects and issues: from universal evolutionism to the analysis of particular evolutionary regularities in the development of biological, abiotic, and social systems, culture, cognition, language, etc. The main objective of our Yearbook is the creation of a unified interdisciplinary field of research, within which scientists specializing in different disciplines could work within the framework of unified or similar paradigms, using common terminology and searching for common rules, tendencies and regularities. Global evolution (in...
Kondrarieff waves
In the period from the 1920s to 1930s the theory of economic cycles underwent dramatic changes. Due to the research of such famous economists as Nikolay Kondratieff, Joseph Kitchin, Wesley Mitchell, Simon Kuznets, and Joseph Schumpeter the idea of a whole system of economic cycles (with characteristic periods between two and sixty years) was developed. The idea of a system of intertwined economic cycles is nowadays paramount to the school of evolutionary economics and its development promises rather interesting future outcomes. That is why this issue of our ‘Kondratieff Waves’ Yearbook is devoted to the interconnections between various economic cycles. As to the subtitle of this volume, ...
KONDRATIEFF WAVES
Though the researchers of the theory of long and medium-term cycles are certainly worried about the economic situation, they understand that the cyclicity still remains an inevitable attribute of economic development. And Juglar's aphorism that crisis is a consequence of the preceded prosperity is still true. In this third issue of the Yearbook ‘Kondratieff Waves’ with the subtitle ‘Cycles, Crises, and Forecasts’, we present a number of insight contributions on nature, egularities, and interconnections among cycles of different duration. Some economic cycles may result in a severe economic crisis. The current one shows once again the importance of the study of cyclical dynamics and i...
Promise to Pay (Vol. I)
In his latest book, ‘Promise to Pay (Vol. I): Banks, Battles, and Bellies,’ Masood Rezvi lays bare the threads connecting banks to the funding of wars and the hunger so prevalent in large pockets of the population around the world. Unlike his earlier book “Tightening Noose of Poverty” where he draws mainly on his personal experience in rural banking in India, the current title tells a story spanning over four centuries of wars, famines, and banking intertwined in a meshwork of socio-economics. The narrative is supported by meticulously collected data from a diverse cross-section of sources. He convincingly argues that ‘banks and their power to create money out of thin air’ lie at...
Kondratieff Waves: Dimensions and Prospects at the Dawn of the 21st Century
Kondratieff waves constitute a sort of mystery that has been haunting economic and social researchers for almost a century. Why do we observe such regularity in the long-term behavior of economic and non-economic indicators? Why in certain periods do we observe prolonged upswings, whereas in other periods – notwithstanding all the enormous efforts of interested macroeconomic actors – economic development is accompanied by prolonged depressions? What gets out of order in social and economic mechanisms? Since the seminal works published by Kondratieff, a number of outstanding researchers have made significant contributions to our understanding of the possible factors affecting and provokin...
