The Wave Principle of Human Social Behavior and the New Science of Socionomics - Hardcover

Robert R. Prechter, Jr.

Hardcover

ISBN 10: 0932750540 ISBN 13: 9780932750549

Publisher: New Classics Library, 2002

Synopsis

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

About this title

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.

About the Author

Author Bio: Robert R. Prechter, Jr.

Robert R. Prechter, Jr. has achieved worldwide fame as an author, investment analyst, businessman and social commentator. In 1978, he co-authored with A.J. Frost Elliott Wave Principle: Key to Market Behavior. The book sold more than 300,000 copies and became a Wall Street Best Seller. Three other books have followed, all of them achieving similar success. In addition to his books, he is the editor of the Elliott Wave Theorist, an award-winning newsletter that has enjoyed immense popularity in its 20 years of publication. In 1984, Prechter disproved any doubters that the Elliott Wave Principle was a window to financial opportunity when he set an all-time record in the United States Trading Championship. Using the Wave Principle as his only method of analysis, he returned 444.4% in a monitored, real-money options account in the four-month contest period. His success did not go unnoticed, and in December 1989, Financial News Network named him, “Guru of the Decade.” A flood of radio, television, and written interviews followed, including the cover of Time Magazine and Fortune. On the heels of this success, he founded Elliott Wave International, a successful technical investment analysis company located near Atlanta, Ga. Now, after years researching and studying the psychology and science behind the Wave Principle, Prechter delves deeper than ever before into the reasons for its existence and its universal implications. In his most recent book, The Wave Principle of Human Social Behavior he formulates his theories into a new branch of science he calls “socionomics.” The book is being hailed as a tremendous success by both general readers and academic scholars.

Edition details

• Publisher: New Classics Library
• Publication date: 2002
• ISBN 10: 0932750540
• ISBN 13: 9780932750549
• Binding: Hardcover
• Language: English
• Number of pages: 463