Cycles - Dewey, Edward R; Dakin, Edwin F
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2011 Reprint of 1947 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. In 1947 Edward R. Dewey and Edwin F. Dakin published their book Cycles: The Science of Prediction which argued the United States economy was driven by four cycles of different length. Dewey devoted his life to the study of cycles, claiming that "everything that has been studied has been found to have cycles present." He carried out extensive studies of cyclicity in economic, geological, biological, sociology, physical sciences and other disciplines. As a result of his…mehr

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Produktbeschreibung
2011 Reprint of 1947 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. In 1947 Edward R. Dewey and Edwin F. Dakin published their book Cycles: The Science of Prediction which argued the United States economy was driven by four cycles of different length. Dewey devoted his life to the study of cycles, claiming that "everything that has been studied has been found to have cycles present." He carried out extensive studies of cyclicity in economic, geological, biological, sociology, physical sciences and other disciplines. As a result of his research, Dewey asserted that seemingly unrelated time series often had similar cycles periods present and that when they did the phase of these cycles was mostly very similar (cycle synchrony). He also said that there were many cycles with periods that were related by powers or products of 2 and 3. Dewey understood his cycle theory to be capable of understanding what the market is going to do and of predicting what may come.
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Autorenporträt
Edward R. Dewey founded the Foundation for the Study of Cycles in 1941. He was Chief Economic Analyst for the Department of Commerce carrying out an assignment from President Herbert Hoover to identify the causes of the Great Depression when he stumbled upon cycles. He found that when certain cycles came together at the same time it coincided with significantly large dips in the market. In his important paper, The Case for Cycles (July 1967), Dewey writes, "There is considerable evidence ... that there are natural environmental forces that alternately stimulate and depress mankind in the mass."