Matt Welch from Reason TV talks with Robert Prechter about his theory of social causality, socionomics. Prechter explains that while most people assume that social mood is due to events, the opposite is true – waves of social mood influence all our decisions and the events that result therefrom. And a pendulum can only swing so far — when mood reaches an extreme, it may be time to start looking for a reversal.
Watch Robert Prechter present the case for socionomics on the 2012 Socionomics Summit 3-DVD set >>