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Socionomics
'''Socionomics''' is a concept invented by Robert R. Prechter, Jr in his book ''Socionomics: The Science of History and Social Prediction'' first published in 1999, and supported in his later book ''Pioneering Studies In Socionomics'' in 2003.

(contracted; show full) it is too strongly weighted on the negative and often fails catastrophically on the rebound.  What for a Socionomist is overfrothing positive social mood for others is simply "progress".  Socionomics and by implication the Wave Principle must therefore be flawed, incomplete or simply badly-practiced by virtue of having failed to aniticpate the biggest bull markets in human history.

An alternative conclusion might be that Prechter was originally a phenomenal analyst but became so fixated on his 
own fame-lusting desire for a legacy that he has become his own worst enemy, by dint of his monotonous issuance of the same doom-laden forecast, by crying "Wolf!" too often, his failure to moderate his tone in the face of fact and his apparent inability to learn from his mistakes.  A subscriber to this view would believe that Socionomics is too closely entwined with Prechter for all of its claims to be taken seriously.

== References ==
* Robert R. Prechter, Jr. (2002). '' The Wave Principle of Human Social Behavior and the New Science of Socionomics'' (Reissue ed.).  New Classics Library. ISBN 0-93-275054-0 (paperbound: ISBN 0-93-275049-4).
* Robert R. Prechter, Jr. (2003). ''Pioneering Studies In Socionomics''.  New Classic Library.  ISBN 0-93-275056-7.

==External links==

* [http://www.socionomics.net/ The Socionomics Institute]
* [http://www.socionomics.org/ Socionomics Foundation]

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