Harry Dent has written extensively on demographics and economic cycles.
cited the 50-year economic control corrections on the Stone of Hammurabi (1763 BCE)—called "Jubilees"—as the first economic controls to recognize and to also counter these natural long waves in capitalist societies.
In recent decades there has been considerable progress in historical economics and the history of technology, and numerous investigations of the relationship between technological innovation and economic cycles.
Some of the works involving long cycle research and technology include Mensch (1979), Tylecote (1991), The International Institute for Applied Systems Analysis (IIASA) (Marchetti, Ayres), Freeman and Louçã (2001), Andrey Korotayev and Carlota Perez.
Georgists, such as Mason Gaffney, Fred Foldvary, and Fred Harrison argue that land speculation is the driving force behind the boom and bust cycle.
Land is a finite resource which is necessary for all production, and they claim that because exclusive usage rights are traded around, this creates speculative bubbles, which can be exacerbated by overzealous borrowing and lending.
The Soviet economist Nikolai Kondratiev (also written Kondratieff or Kondratyev) was the first to bring these observations to international attention in his book The Major Economic Cycles (1925) alongside other works written in the same decade.