MARC Record from harvard_bibliographic_metadata

LEADER: 01700nam a2200229 a 4500
001 011419973-6
005 20080328142200.0
008 070201s2008 maua b 000 0 eng d
035 0 $aocn219449203
100 1 $aFriedman, Walter A.,$d1962-
245 14 $aThe seer of Wellesley Hills :$bRoger Babson and the Babson Statistical Organization /$cWalter A. Friedman.
260 $a[Boston] :$bHarvard Business School,$cc2008.
300 $a63 p. :$bill. ;$c28 cm.
490 1 $aWorking paper / Harvard Business School ;$v08-036
500 $a"November 2007"--Publisher's web site.
504 $aIncludes bibliographical references.
520 $aRoger Babson was a pioneer of the business-forecasting industry in the United States in the early twentieth century. He built the largest private economic forecasting agency in the period and published a great range of economic statistics in his weekly newsletters. As a forecaster, he was best known for advising investors in the month prior to October 1929 that a "crash" was coming that "may be terrific." Most academics, and many businessmen, ridiculed Babson's forecasting methods, which were informed by his belief, based on his reading of Isaac Newton, that economic "actions and reactions" (or depressions and expansions) would always be equal. But Babson was able to gain a following among investors who thought he was either wise or lucky. His blend of new statistical methods and old common-sense reasoning helped him profit as the forecasting industry first developed.
600 10 $aBabson, Roger Ward,$d1875-1967.
710 2 $aHarvard Business School.
830 0 $aWorking paper (Harvard Business School) ;$v08-036.
988 $a20080328
906 $0MH