Don,

While we disagree on cycles (not whether they exist, but the degree to which they matter), the following web site will take you to a book that you may find interesting:

http://web.archive.org/web/20000819071355/www.pei-intl.com/Research/GBM/GBM-MAST.HTM

It's a link to the now-defunct Princeton Economics International group, who's work on cycles was some of the most original I'd seen. This link will take you to one of their best books, called The Greatest Bull Market in History. The book is about the Great Depression (most people don't realize that the great depression was preceeded by an amazing bull market) and is full of historical material from the newspapers of the time. One of the book's conclusions is that the government did quite a bit to exacerbate the damage. It's a bit long, but utterly fasciating, especially if, like me, you like seeing history as it was. The PDF files appear to still be available.

Hope that's of interest.

Best,
Phil

PS -- Doesn't the Kondrateif wave assume a predominantly agricultural economy?


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