Mikhail Tugan-Baranovsky

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Monument near Donetsk Commercial University named after Mikhaylo Tugan-Baranovsky

Mikhaylo Ivanovych Tugan-Baranovsky (1865-1919) is a noted Ukrainian and Russian economist and tutor of Nikolai Kondratiev, famous Soviet economist credited with the presentation of the hypothesis of the Long waves in capitalist development.

Mikhaylo Tugan-Baranovsky was one of the founders to National Academy of Science of Ukraine, as well as Minister of Finance of the Ukrainian Peoples Republic.

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