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Fortune Tellers: The Story of America's First Economic Forecasters

3.44  ·  Rating details ·  18 Ratings  ·  4 Reviews
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 ...more
Hardcover, 273 pages
Published December 1st 2013 by Princeton University Press (first published January 1st 2013)
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Mad Hab
Feb 23, 2014 rated it it was amazing
This is a piece of very interesting reading. Author provides historical overview of early American economic forecasters. Moody, Babson, Poor, Fisher. Names that you know if you have studied economics or business, but never realized where they are coming from. especially liked the part on Herbert Hoover. I haven't read an y single book, where Hoover was not presented as a "villain" or looser.

The book is for those who are interested in history of Economics, forecasting, and those who know that for
...more
Ariadna73
Feb 05, 2014 rated it liked it
Shelves: economy
This book features biographies of several prominent figures in economic forecast. One of my takeaways is that those people live really long lives. Even one that was diagnosed with Tuberculosis at 29, lived to the incredible age of 92! Who knows! maybe they found the key to long and good quality of life, although they don't even know it!
Steve Yamarik
Feb 28, 2014 rated it really liked it
I liked it. It was a short, interesting, and accessible account of early practicationers of economic forecasting. I am an economist so i was an easy target,
Susan
Dec 01, 2016 rated it liked it
nice overview but ultimately fails as he does not attempt to explain why all the forecasters basically missed Black Friday, October 29 1929. Great footnotes.
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“Babson became a sought-after public speaker, and the newspapers reported his predictions as newsworthy events.” 0 likes
“By the time World War I broke out, Babson was a leading market guru. Babson” 0 likes
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