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Kondratiev and a new methodological agenda for economics
[journal article]
Abstract This article addresses Kondratiev's approach to the problems of economic dynamics, cycle and conjuncture in the context of a new methodological agenda which was formulated in the 1920's in Europe and the USA by representatives of the "brilliant generation of economists," mostly members of the econom... view more
This article addresses Kondratiev's approach to the problems of economic dynamics, cycle and conjuncture in the context of a new methodological agenda which was formulated in the 1920's in Europe and the USA by representatives of the "brilliant generation of economists," mostly members of the econometric movement and its adherents among Russian economists. A distinguishing feature of this generation was that its representatives were striving to make economics an objective science penetrated by rigorous ways of thinking and based on a unification between the theoretical quantitative and the empirical quantitative approaches to the study of economic phenomena. This paper discusses Kondratiev's project on the general theory of economic dynamics as an embodiment of that methodological agenda. It also highlights a free exchange of ideas between Kondratiev and economists from different countries as a breeding ground for the emergence of the project and a necessary condition for its implementation.... view less
Classification
Basic Research, General Concepts and History of Economics
Free Keywords
Kondratiev; economic methodology; economic dynamics; statistical approach
Document language
English
Publication Year
2021
Page/Pages
p. 50-66
Journal
Russian Journal of Economics, 7 (2021) 1
ISSN
2618-7213
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0