The Socionomic Theory of Finance

Robert R. Prechter is author of books, articles and scholarly papers on finance and social causality. He is known for developing a theory of social causality called socionomics and for his career applying and enhancing the Wave Principle, R.N. Elliott's fractal model of financial pricing. Prechter has made presentations at Oxford, Cambridge, the London School of Economics, MIT, Trinity College Dublin, Georgia Tech, SUNY and at various financial and academic conferences. Prechter graduated from Yale University in 1971, joined the Market Analysis Department of Merrill Lynch in New York in 1975 and founded Elliott Wave International in 1979, where he has published monthly market analysis in The Elliott Wave Theorist. His 2016 book, The Socionomic Theory of Finance, aims to replace conventional financial and macroeconomic theory with an internally and externally consistent paradigm based on socionomics. He is a member of the Triple Nine Society and the Shakespeare Oxford Society. For more, go to RobertPrechter.com.