Kiplinger's Looking Ahead 70 Years of Forecasts from the Kiplinger Washington Letter - Hardcover

Kiplinger Washington Editors, Inc.

Hardcover

ISBN 10: 0938721313 ISBN 13: 9780938721314

Publisher: Kiplinger Books, 1993

Synopsis

Stock market crashes in '29 and '87. World war in Europe and Asia. The Baby Boom. Television. Office computers. Automated manufacturing. Migration to the Sun Belt. The economic rise of Japan. VCRs. Booming world trade and investment. ATMs. Environmental activism. Fax machines. Stock market surge in the '80s. Soaring budget deficits. Equal-opportunity revolution. Corporate downsizing. Collapse of the Soviet empire. Before these events, inventions and trends - so familiar to us today - became history, they were the future. No one was fully prepared for them, but regular readers of The Kiplinger Washington Letter were less surprised than most people. That's because all these developments, and dozens more of similar significance, were foreshadowed in weekly issues of the Kiplinger Letter, the oldest and most widely read forecasting publication in the world. Kiplinger's Looking Ahead presents a compilation of hundreds of excerpted forecasts from 70 years of the Letter. In these pages, you'll find example after example of bold, informed predictions made months and even years ahead of the final outcome. Of course, no forecaster has a flawless record, so you'll find a fair number of miscalls, too, ranging from the election of Thomas Dewey in '48 to periodic predictions of Fidel Castro's imminent overthrow. Kiplinger's Looking Ahead is much more than a collection of forecasts and judgments. It's also a unique journey through the last seven decades, a period of accelerating change in America and the world. In its pages you'll witness the gradual transformation of an insular America into the greatest superpower of a global economy. There's much truth in the saying "the more things change, the more they remain the same," so there will be a familiar ring to many items from earlier times - discussions of an overly complex tax code in the 1920s, fear of soaring imports from Japan in the '30s and '50s and the tendency of democracies to habitually exceed government budgets. To

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Reviews

Since 1923, the Kiplinger Washington Letter has published, along with its own financial predictions, news briefs and opinions. Items culled here from seven decades of the business weekly provide a unique peripheral sense of recent history--what the U.S.S.R. may do, whither inflation--often forecast with astonishing perspicacity. Certain judgements stand out: "stock market too high" (1928); "the purpose behind the new socialistic policies is not to embrace socialism, but rather to save capitalism" (1933); the governments of the U.S. and the U.S.S.R. are "not talking" about the health dangers of atomic weaponry (1959). Among the bloopers: "Watergate trial won't turn up anything new" (1973). Yet to be realized: the Dow Jones Industrial stock average (now 3600) could reach "6000 by A.D. 2000" (1989).
Copyright 1993 Reed Business Information, Inc.

A compilation of excerpted forecasts covering 70 years of the The Kiplinger Washington Letter. In time-line format, the volume traces consequential moments in history via the prognosticating entries of the newsletter. Successes and some failures are presented. Published by The Kiplinger Washington Editors, Inc., 1729 H Street, NW, Washington, DC 20006. Annotation copyright Book News, Inc. Portland, Or.

Edition details

• Publisher: Kiplinger Books
• Publication date: 1993
• Language: English
• ISBN 10: 0938721313
• ISBN 13: 9780938721314
• Binding: Hardcover
• Edition number: 1
• Number of pages: 271