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"A new science is taking form beneath our hands and eyes. New vistas invite exploration almost daily. Things are moving so fast and favorably that it is difficult to keep pace with them."
-Edward R. Dewey, Cycles
Thousands of scientists in fields as unrelated as history, botany, anthropology, terrestrial magnetism, sociology, and economics - to name only a few - are accumulating facts and figures which promise to make the age-old dream of foretelling the future at least a partial reality. This new science deals with the behavior of events recurring at reasonably regular intervals throughout the universe, and it may ultimately enable us to predict, scientifically and accurately, the events of tomorrow. It is the study of cycles.
Edward R. Dewey founded the Foundation for the Study of Cycles in 1941. He was Chief Economic Analyst for the Department of Commerce carrying out an assignment from President Herbert Hoover to identify the causes of the Great Depression when he stumbled upon cycles.
He found that when certain cycles came together at the same time it coincided with significantly large dips in the market. In his important paper, The Case for Cycles (July 1967), Dewey writes, "There is considerable evidence ... that there are natural environmental forces that alternately stimulate and depress mankind in the mass."Ezra's Archive Does not ship outside of the United States
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