
Technical | Analysis page 194 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 9 Temporal Patterns and Cycles 165 World Powers: The Coevolution of Global Economics and Politics, Modelski and Thompson point to the following important aspects of the K-wave theory: ¢ Waves are attributes of the world economy led by a major national economy. ¢ Waves concern output rather…