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Editorial Reviews
Book Description
What drives our social mood? Our actions? Our motivations? Can we look into the make-up of the universe and apply it to who we are and what we do? The answers to these questions are to be found in the new science of socionomics.
What drives our social mood? Our actions? Our motivations? Can we look into the make-up of the universe and apply it to who we are and what we do? The answers to these questions are to be found in the new science of socionomics.
Socionomics evolved from the Wave Principle, a theory of patterns in financial markets. Now Robert Prechter proposes that this very same principle can be applied to our own social and cultural lives. Prechter shows that dominant aspects of our unconscious mentation are characterized by measurable patterns. Those patterns form the building blocks of humankind's social interaction, and in turn, the Wave Principle.
"WOW stuff! Prechter is doing the most creative work that I have seen in my career on Wall Street." –John R. Greeley, professional market analyst, co-founder, Market Technicians Association "Spectacular. I was absolutely impressed. A most brilliant work." –David Johnson, PhD, MD
"Congratulations to Robert Prechter for his interesting, insightful and trail-blazing work. Anyone willing to take the time to read this volume will be rewarded with a new understanding of human behavior, markets and events." –Tom Spradley, retired college mathematics professor
"Learning about socionomics has proven to be one of those rare intellectual epiphanies that results in an absolute change in the direction of my life. So much about the human experience that had mystified me all of my adult life seems so clear now, so understandable – even to the point of being predictable." –Jack Hobson-Dupont, President, Monadyne Corp.
"I love this theory. Socionomics is sure to be a primary reference source for quite some time. The volume and value of analysis that Prechter has conducted is something hard to over-appreciate. There should be university courses and degrees in the science of socionomics and perhaps Nobel Prize winners as well. I recommend many readings of the book to appreciate it in depth." Professor Valeri Safonov, PhD, former First Secretary of Ministry of External Affairs of USSR and economist with the Russian Embassies in Canada and India
From the Author
Comments from the Author: Robert R. Prechter, Jr.
The social sciences today are where the physical sciences were three hundred years ago: on the verge of a revolution. Ralph Nelson Elliott discovered that social mood, impelled by an unconscious herding impulse, fluctuates in a recognizable pattern reflecting a natural growth principle, which he called the Wave Principle. Socionomics is the study of these patterns and their effects, i.e., social action and the events of history. Because it has a mathematical base, the Wave Principle is to sociology what Newton’s laws were to physics. It provides a basis and framework within which to study and quantify social behavior and thus serves as an anchor for the undertaking of true social science.
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Look Inside This Book
Citations
(learn more)
7
books
cite this book:
- J. Christoph Amberger's Hot Trading Secrets: How to Get In and Out of the Market with Huge Gains in Any Climate by J. Christoph Amberger on 5 pages
- Behavioral Trading: Methods for Measuring Investor Confidence and Expectations and Market Trends by Woody Dorsey on page 26, Back Matter (1), and Back Matter (2)
- The Approaching Winter: The Next Great Depression by Don Braby on page 25,