The Long Economic Waves

  • Geoffrey Blainey


The prevailing cultural and intellectual mood is often said to be the result of the economic conditions. Prosperity, it is said, generates wide-ranging confidence, while the dour spirit of an economic depression finds its way into every cultural cranny. It is often pointed out that for much of the nineteenth century the economic fluctuations ran roughly parallel with the cultural fluctuations. This pattern is usually said to mean that economic conditions tend to flavour the cultural mood, and yet the pattern was reversed in the late 1960s and 1970s, and the reversal profoundly affected our world.


Business Cycle Real Wage Wholesale Price Economic Life Economic Fluctuation 
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Copyright information

© Geoffrey Blainey 1988

Authors and Affiliations

  • Geoffrey Blainey

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