Cycles: The Science of Prediction by Edward R. Dewey, Edwin F. Dakin

By Edward R. Dewey, Edwin F. Dakin

2010 Reprint of 1947 version. In 1947 Edward R. Dewey and Edwin F. Dakin released their ebook Cycles: The technological know-how of Prediction which argued the us economic climate used to be pushed by means of 4 cycles of other size. Dewey dedicated his lifestyles to the research of cycles, claiming that "everything that has been studied has been chanced on to have cycles present." He performed large reports of cyclicity in monetary, geological, organic, sociology, actual sciences and different disciplines. because of his examine, Dewey asserted that doubtless unrelated time sequence usually had comparable cycles sessions current and that after they did the section of those cycles was once in general very related (cycle synchrony). He additionally stated that there have been many cycles with classes that have been comparable by way of powers or items of two and three. Dewey understood his cycle conception to manage to knowing what the industry goes to do and of predicting what may well come.

Show description

Read or Download Cycles: The Science of Prediction PDF

Best economic history books

A Declaration of Energy Independence: How Freedom from Foreign Oil Can Improve National Security, Our Economy, and the Environment

Each American may still learn "A announcement of power Independence: How Freedom from international Oil Can enhance nationwide defense, Our financial system, and the surroundings" by means of Jay Hakes.

I think this e-book turns into the defining creation to the subject/issue of strength independence.

Ron Bengtson
[. .. ]

The Politics of Depression in France 1932-1936

The negative functionality of the French economic climate within the Nineteen Thirties has lengthy been recognized as a tremendous contributory think about the decline of the 3rd Republic, which collapsed after the defeat of 1940. even supposing France entered the good melancholy later than the remainder of the area, French governments did not examine from the adventure of different international locations in scuffling with it.

Equilibrium Business Cycle Theory in Historical Perspective (Historical Perspectives on Modern Economics)

This e-book offers a historic research of the theoretical improvement of latest Equilibrium company Cycle thought (EBCT). the writer examines the primary gains of the EBCT by way of tracing either the historical past of industrial cycle thought and the heritage of econometrics. those old analyses clarify cental ideas of the EBCT: its optimization origin and its fiscal method.

From the Boardroom to the War Room: America's Corporate Liberals and FDR's Preparedness Program

Among global struggle I and global warfare II, America's company liberals skilled a profound ideological swap. within the Nineteen Twenties, company liberals embraced company-specific recommendations to monetary difficulties. They believed that if each corporation, in each undefined, hired complicated managerial concepts -- equivalent to granting employees non-wage advantages to extend their activity delight -- employment, creation, and earnings may be stabilized and prosperity sustained indefinitely.

Additional resources for Cycles: The Science of Prediction

Example text

Losses included the financial collapse of one or both of the roads; deterioration in equipment as maintenance was postponed to reduce day-to-day operating costs; erosion of service; or absorption of one road by the other, which gave the surviving company an unnecessarily high capital cost and subsequently higher rates. The heaviest loss was opportunity cost: society could have employed the wasted resources for something more useful than a redundant railroad line. By 1870 redundant and socially wasteful competition in transportation and communications invited outside interference to stabilize competitive market forces.

River steamboats were constructed with flat bottoms and several above-water decks for passengers and freight. These unwieldy structures looked more like floating hotels than ships but sewed their purpose with distinction. Lake steamers, however, were more like ocean-going keel steamers than like the flat-bottomed canal barges and riverboats. American inland water carrying parallelled American ocean carrying and declined during the years between the Civil War and World War I as all forms of inland water transportation felt the sting of the more versatile steam-powered locomotive hauling rolling stock along iron rails.

Between these extremes lay the value of most of the notes. Businesses relied on privately printed catalogues of note values that were sold and updated at regular intervals— an inadequate solution to a strategic business problem. By creating a uniform paper money and higher standards for banking, the federal government alleviated the uncertainty surrounding paper money valuation, but not without creating new monetary difficulties. The National Banking Act (and amendments) did not require banks to surrender state charters for federal ones but, by levying a face value tax on the state notes, did effect an end to state bank notes in favor of national bank notes.

Download PDF sample

Rated 4.38 of 5 – based on 26 votes