Code: 01018382

Fortune Tellers

Name: Fortune Tellers
Brand: Princeton University Press
SKU: 01018382
Price: 30.72 EUR
Availability: InStock

by Walter A. Friedman

Language: English
Binding: Paperback
Number of pages: 288
Publisher: Princeton University Press, 2016
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30.72 €

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Book synopsis

The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929.