What is Socionomics?

What is socionomics? Socionomics is a field of study deriving from the hypothesis that social mood motivates the character of social action.

What do socionomists do? Socionomists model trends in finance, macroeconomics, politics, fashion, entertainment, demographics and other areas of human social action, present, past and future.

How long has socionomics been around? Robert Prechter began developing the idea in the 1970s and first reached a mass audience in a 1985 cover article in Barron’s. Since then, researchers have applied the hypothesis to explain diverse social phenomena including election results, trends in popular culture, the timing of epidemics and pandemics, the emergence of prohibition movements, and financial manias and crashes.

Can I take a university course on socionomics? Yes, at two universities we know of:  The University of Delaware and Quinnipiac University in Connecticut. The field is attracting more academics and researchers, so this list may grow. Prechter and others have authored books, articles and peer-reviewed papers about the theory and its application. Socionomists have made presentations at academic conferences as well as such institutions as the London School of Economics, MIT, Georgia Tech, SUNY, the University of Cambridge, the University of Oxford and Trinity College Dublin.

Courtesy of the Socionomics Institute, www.socionomics.net

Recent stories

How A Guarantor Can Help You Secure Finance

When you’re desperately trying to save up a deposit for a home and just see the prices of property climbing…

Read more

Four real estate trends to watch as economies reopen

After a tumultuous 2020, we identify four main trends that will drive real estate this year and in the decade…

Read more

Weekly Market Updates | July 28, 2021

Watch UGC’s weekly market update videos to find out the week’s most important financial and investment news.

Read more

How super works

Super is a way of saving for retirement. Your employer must pay a percentage of your earnings into your super…

Read more

How to create an investment plan

 By Robin Bowerman, Head of Corporate Affairs, Vanguard Australia Creating a financial plan is the first – and perhaps most…

Read more