012607
Tugan-Baranovskii, M.I Mikhail Ivanovich Tugan-Baranovskii: Izbrannoe
Periodicheskie Promyshlennye Krizisy: Istoriia Angliiskikh Krizisov. Obshchaia Teoriia Krizisov
[ Selected works : Periodic industrial crises: The History of British crises: General theory of crises]
Moscow: ROSSPEN, 1997
574 p
Serie: Pamiatniki Ekonomicheskoi Mysli
Hardcover. 15 x 22 cm
ISBN: 5860041012
Language: RussianM.I. Tugan-Baranovskii (1865-1919) was world renown as an outstanding economist when his book on capitalist crises was published. He cited overproduction, changes in money circulation, and fluctuations of credit as the main features of crises. A critical Marxist, he saw the cause of periodic crises in the chaotic development of capitalist market and rapid accumulation of free capital. The economist registered the change from “spasmodic” to “undulating” market development that resulted from capitalist growth. Tables, commentary, name index.
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