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 To Build An Emergency Fund Fast

In an ever-unpredictable world, financial preparedness is more crucial than ever. Emergencies – be they medical crises, unexpected home repairs,…

Read more

Essential Strategies for Achieving Investment Success

Understanding and achieving investment success is a highly personal journey, as the definition of success varies from one individual to…

Read more

Home Equity: Unlocking the Power

Home equity is more than just a financial term; it’s a powerful resource that, when utilised wisely, can support your…

Read more

What To Do With An Inheritance

Receiving an inheritance can be a significant moment in anyone’s life, often accompanied by a mix of emotions due to…

Read more

UGC Monthly Market Update | March 2024

Welcome to the UGC’s Monthly Market Update for March 2024. Join UGC’s Co-Portfolio Manager / Senior Investment Analyst, Huw Davies,…

Read more