As Time Goes By. From The Industrial Revolution... Today

: The authors utilize Kondratiev's "long wave" theory to explain structural crises of adjustment and how new technologies eventually lead to economic growth.

: It argues that economic growth is not just about technology; it requires "congruence" between the economy and the political, cultural, and scientific subsystems of society. As time goes by. From the Industrial Revolution...

The phrase "As Time Goes By: From the Industrial Revolution..." refers to the authoritative book , written by Chris Freeman and Francisco Louçã . : The authors utilize Kondratiev's "long wave" theory