To: Halfmanhalfamazing; P-Marlowe; xzins; Quix; Carry_Okie; XeniaSt
In a series of 1920’s papers, Kondratiev worked out the theory that capitalism had 50-to-60-year economic supercycles. . . . that the intermittent major crises punctuating capitalism were not building towards systemic implosion but clearing the economic debris . . . There's a reason why God commanded Israel to clear away all the economic debris and restore hereditary properties (i.e., land holdings) every 50 years with the Jubilee.
Shalom.
3 posted on
02/26/2009 8:29:04 AM PST by
Buggman
(HebrewRoot.com - Baruch haBa b'Shem ADONAI!)
To: Buggman
4 posted on
02/26/2009 8:30:20 AM PST by
Quix
(POL Ldrs quotes fm1900 2 presnt: http://www.freerepublic.com/focus/religion/2130557/posts?page=81#81)
To: Buggman
My dad was predicting a Kondratiev recession in 1985, and virtually every year since.
The problem with such theories is that the frequency of recessions is such that one can attribute anything to the phenomena. There are too many powerful variables at operation to render wave functions explicit causes, whether wars, politics, or technological discontinuities. "All other things" can't be held constant.
15 posted on
02/26/2009 9:17:21 AM PST by
Carry_Okie
(The environment is too complex and too important to manage by central planning.)
To: Buggman
There's a reason why God commanded Israel to clear away all the economic debris and restore hereditary properties (i.e., land holdings) every 50 years with the Jubilee.Amen ! Seven years to the Jubilee year
when YHvH will clear out the debris.
shalom b'SHEM Yah'shua HaMashiach Adonai
18 posted on
02/26/2009 10:02:02 AM PST by
Uri’el-2012
(Psalm 78:35 And they remembered that God was their ROCK, And the Most High God their Redeemer.)
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