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.

It is the business of science to predict. An exact science like astronomy can usually make very accurate predictions indeed. A chemist makes a precise prediction every time he writes a formula. The nuclear physicist advertised to the world, in the atomic bomb, how man can deal with entities so small that they are completely beyond the realm of sense perception, yet make predictions astonishing in their accuracy and significance. Economics is now reaching a point where it can hope also to make rather accurate predictions, within limits which this study will explain. This is the only eBook edition that comes complete with more than 150 graphs and charts.

It is the business of science to predict. An exact science like astronomy can usually make very accurate predictions indeed. A chemist makes a precise prediction every time he writes a formula. The nuclear physicist advertised to the world in the atomic bomb how man can deal with entities so small that they are completely beyond the realm of sense perception yet make predictions astonishing in their accuracy and significance. Economics is now reaching a point where it can hope also to make rather accurate predictions within limits which this study will explain.Complete with more than 150 grafts and charts.Wilder Publications is a green publisher. All of our books are printed to order. This reduces waste and helps us keep prices low while greatly reducing our impact on the environment.