[Video] Prechter on Neurobiology: Fighting, Fleeing, Flocking, etc.
Prechter’s socionomics explains how and why our brains make it so hard to buy low and sell high
Prechter’s socionomics explains how and why our brains make it so hard to buy low and sell high
How mind-blowing is Professor Bollen’s social mood research? Enough so that a London-based hedge fund now employs a trading strategy based upon the results.
Academics and the media often use the term “herding” differently than socionomists do. Here are some distinctions. Socionomic Perspective: When do people herd? They herd when they are uncertain. In contexts of uncertainty, the herding impulse drives social behavior. There is an evolutionary advantage to this. If you were unsure […]
Social mood is a shared mental state among humans that arises from social interaction. Social mood predisposes individuals in the group toward emotions, beliefs and actions. It fluctuates constantly in a fractal pattern. It is unconscious, unremembered and endogenously regulated. Socionomic theory proposes that social mood governs the character of social […]
Herding was very helpful for avoiding a stone-age lion mauling, but today it can cause real agony in the civilized jungle of stock market trading floors.
In a full question and answer interview, Mark Almand and Robert Prechter walk you through the development of socionomic thought from news headlines to the academic chalkboards. This issue also delves into new theoretical insights including a detailed chart of the structure of socionomic theory that puts all the pieces in place.
By Alan Hall, originally published in the May 2010 Socionomist The Source of Authoritarian Expression, And The Road Ahead Sociologists typically study authoritarianism within a left-right political spectrum. But as we showed in Part I, a society’s authoritarian impulse is rooted in social mood. Our socionomic Nolan chart illustrates how […]
Socionomics posits that waves of social mood motivate the rise of authoritarian governments, and that the current wave could put a new group of dictators into office. Part 1 of this study shows that over the past 300 years, the world’s most notorious authoritarians rose to power or committed their worst atrocities during or soon after bear markets. He also clarifies shifts in what’s considered socially, politically and morally normal and why it’s important to know about these changing trends today. Part 2 explains the grassroots sources of authoritarian desire and forecasts ways in which it will most likely manifest itself in the future.
We forecast that a continuing long-term trend toward negative social mood will produce increasingly authoritarian—and anti-authoritarian—impulses and eventually lead to the appearance of severe authoritarian regimes around the globe.
Peabody Award-winning journalist Don Shelby interviews Robert Prechter about the herding impulse, social mood, the financial bailout and the media. Click the play button to listen to this interview originally broadcast on WCCO radio. Running Time: 10 min 21 sec