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Joseph Schumpeter was a Harvard economist and president of the Econometric Society (1940-41). He was author of the two-volume tome Business Cycles (McGraw-Hill 1939). Schumpeter's cycle research is of particular interest because he was one of the first to attempt to integrate sociological understanding into economic trends. He also presented an integrated approach to cycles that presented the Kondratieff long wave as a larger scale of the smaller cycles. InBusiness Cycles, he introduced a theoretical model for how all the various cycles fit together.

http://www.safehaven.com/article/19815/schumpeter-vs-wall-and-the-business-cycle-count-in-the-long-wave