The Socionomic Theory of Finance

by Robert Prechter

Overview

World-changing books about finance aren't built in a day. Adam Smith needed 17 years to write The Wealth of Nations. John Maynard Keynes took six years to write The General Theory of Employment, Interest and Money. Yes, those are lofty comparisons. And yes, later histories will record whether the socionomic theory of finance actually did replace conventional macroeconomics. Even so: You can read The Socionomic Theory of Finance and make your own judgement, today. The non-textbook style makes The Socionomic Theory of Finance a delight to read and re-read. The page count is formidable, yet it's not a 'long book.' It's topically organized into forty-four dedicated chapter essays, which blend like an elegant kaleidoscope of insights into the theory. You can read most of the chapters in 10-15 minutes. Each one answers a question, solves a problem, or exposes the flawed logic of conventional macroeconomics. The Socionomic Theory of Finance is the best book ever written on financial markets. It is humble & bold, broad & deep, and crystal clear yet mysterious.' -- Terry Burnham, Professor of Finance, Chapman University; Professor of Economics, Harvard, 1997-2004; author, Mean Markets & Lizard Brains--the New Science of Irrationality. The Socionomic Theory of Finance presents the 13-year-long work of Robert Prechter, yet also includes essays on socionomics from 12 other scholars, writers, researchers and analysts. That's exactly how a far-reaching new theory of finance should develop. The book is an elegant, internally consistent, and entirely original alternative to a failed model. Top academics across multiple disciplines have already offered their acclaim. In time, it will transform the thinking of every individual in the world of finance. Read it and be among the first.

Product Details

BN ID:	2940157352653
Publisher:	Socionomics Institute Press
Publication date:	12/31/2016
Series:	Socionomics -- The Science of History and Social Prediction , #3
Sold by:	Barnes & Noble
Format:	eBook
Pages:	824
File size:	19 MB
Note:	This product may take a few minutes to download.

About the Author

Robert Prechter is President of the Socionomics Institute, the Socionomics Foundation and Elliott Wave International.
Wayne Parker, PhD served as Executive Director of the Socionomics Foundation.
Alan Hall, Euan Wilson and Chuck Thompson are researchers at the Socionomics Institute, where Matt Lampert is Director of Research. Wayne Gorman and Mark Almand are board members of the Socionomics Foundation.
Brian Whitmer is editor of The European Financial Forecast, Mark Galasiewski is editor of The Asian-Pacific Financial Forecast, and Dave Allman is a senior analyst, at Elliott Wave International.
Kenneth Olson is Professor Emeritus of Psychology, Fort Hays State University; John Nofsinger is William H. Seward Endowed Chair in International Finance, University of Alaska; and John Casti, PhD (mathematics) is head of X-Center Vienna.
Prominently featured writers include Steven Hochberg and Peter Kendall, editors of The Elliott Wave Financial Forecast, and Steven Craig, editor of Energy Pro Service and contributor to Global Market Perspective, all of which are publications of Elliott Wave International.

Editorial Reviews

"The Socionomic Theory of Finance is the best book ever written on financial markets. It is humble & bold, broad & deep, and crystal clear yet mysterious."

author - Terry Burnham

"The Socionomic Theory of Finance is the best book ever written on financial markets. It is humble & bold, broad & deep, and crystal clear yet mysterious."

Terry Burnham

"Socionomic theory is fresh and original. Whatever the ultimate verdict, a revolutionary new perspective and a basis for prediction are just what the social sciences presently need."

University Professor (Physics) - H. Eugene Stanley

"Socionomic theory is fresh and original. Whatever the ultimate verdict, a revolutionary new perspective and a basis for prediction are just what the social sciences presently need."

H. Eugene Stanley

"A fascinating synthesis of social science research and sharp economic analysis. Prechter invites readers to think in (unexpected) ways that require some effort that is well rewarded. Anyone who contemplates our financial future should read and try to absorb the case put forth in this book."

Professor - Werner De Bondt

"A fascinating synthesis of social science research and sharp economic analysis. Prechter invites readers to think in (unexpected) ways that require some effort that is well rewarded. Anyone who contemplates our financial future should read and try to absorb the case put forth in this book."

Werner De Bondt

"Bold, ambitious, counter-intuitive, disquieting and original. This book challenges conven­tional wisdom that fails the test of empirical confirmation."

M.D. (Psychiatry) - Laurence Chud

"Bold, ambitious, counter-intuitive, disquieting and original. This book challenges conven­tional wisdom that fails the test of empirical confirmation."

Laurence Chud

"This superb book should have a major impact on financial and economic theory. It is ­essential reading for anyone who wants to understand the real basis of financial markets."

Ph.D (Clinical Psychology) - Kenneth Olson

"This superb book should have a major impact on financial and economic theory. It is ­essential reading for anyone who wants to understand the real basis of financial markets."

Kenneth Olson