Addressing Kondratieff's argument (1979) that long waves of economic activity are responsible for major wars, this study develops and tests three hypotheses relating war to long price waves. Focusing on the experiences of Great Britain and the United States between 1750 and 1977, we find that...

The basic assumptions associated with two approaches to analyzing the relationship between the distribution of capabilities and war, namely Waltz's analysis of systemic stability and Modelski's long cycle of global leadership, are examined and contrasted. The systemic stability model concludes...