“…Yet, investigations of long cycles continued, especially in the period of the K-wave downswing of the 1970s and 1980s, when substantial research based on the ideas of Schumpeter was produced (e.g., Barr, 1979 ;Bieshaar & Kleinknecht, 1984 ;Cleary & Hobbs, 1983 ;Dickson, 1983 ;Glismann, Rodemer, & Wolter, 1983 ;Eklund, 1980 ;Freeman, 1987 ;Gordon, 1978 ;Kleinknecht, 1981 ;Mandel, 1975Mandel, , 1980Marchetti, 1980Marchetti, , 1986Mensch, 1979 ;Senge, 1982 ;van Duijn 1979van Duijn , 1981van der Zwan, 1980 ;van Ewijk, 1982 ). But although the topic concerned sometimes very prominent scientists such as Forrester, Rostow, or Wallerstein (Forrester, 1978Rostow, 1975Rostow, , 1978Wallerstein, 1984 ), on the whole this area has never been among the top interests of economists.…”