The
Socionomist (so-she-on-oh-mist)is
published by the Socionomics Institute,
Robert R. Prechter, Jr., president. Alan Hall, Ben Hall, Matt Lampert,
Chuck Thompson and Euan Wilson contribute to The Socionomist.
Mark Almand, editor.
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2012
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Most economists, historians and sociologists
presume that events determine society’s mood. But socionomics hypothesizes
the opposite: that social mood determines the character of social events.
The events of history—such as investment booms and busts, politics, population,
and even peace and war—are the products of a naturally occurring pattern
of social-mood fluctuation. Such events, therefore, are not randomly distributed,
as is commonly believed, but are in fact probabilistically predictable.
Socionomics also posits that the stock market is the best meter of a society’s
aggregate mood, that news is irrelevant to social mood, and that financial
and economic decision-making are fundamentally different in that financial
decisions are motivated by the herding impulse while economic choices
are guided by supply and demand. At no time will the Socionomics Institute
make specific recommendations about a course of action for any specific
person, and at no time may a reader, caller or viewer be justified in
inferring that any such advice is intended.