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What they will find there is briefly explained in the following . If Schumpeter's historical and economic analysis is correct, we are sliding down the long back side of what is called a "Kondratieff wave" and picking up speed as we head towards the trough. What will be required to start marching up the other side and back into prosperity, according to Schumpeter, is a period of "creative destruction...
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What they will find there is briefly explained in the following . If Schumpeter's historical and economic analysis is correct, we are sliding down the long back side of what is called a "Kondratieff wave" and picking up speed as we head towards the trough. What will be required to start marching up the other side and back into prosperity, according to Schumpeter, is a period of "creative destruction...
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