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Author: Walter A Friedman
Publisher: Princeton University Press
ISBN: 0691159114
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.
Author: Walter A Friedman
Publisher: Princeton University Press
ISBN: 0691159114
Category : Business & Economics
Languages : en
Pages : 288
Get Book Here
Book Description
A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 198
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Book Description
Author: Robert M. Atlas
Publisher:
ISBN: 9781944970772
Category : Biography & Autobiography
Languages : en
Pages : 112
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Book Description
This memoir follows the sixty-year meteorology career of Robert M. Atlas. As a young child, Robert M. Atlas would often look up at the sky, observe the clouds, and ask his parents questions about the weather. That early interest sparked a career in meteorology that took place during a period of rapid development in the field. Weather Forecaster to Research Scientist follows his decades-long career and his innovative research, which led to improvements in the understanding and prediction of extreme weather. Atlas's journey begins with his start as an apprentice forecaster for the US Weather Bureau during a time when satellite meteorology and operational numerical weather prediction were just in their infancy. Weather Forecaster to Research Scientist also traces his experiences as an operational forecaster in the US Air Force, discusses his pioneering work on ocean surface winds using satellites, and describes his leadership of scientific organizations within NASA and NOAA as well as his experiences teaching at several universities. An engaging account of a distinguished career, this book will appeal to students, educators, weather forecasters, scientists, and weather enthusiasts alike.
Author: George J. McCormack
Publisher: Astrology Classics
ISBN: 193330345X
Category : Nature
Languages : en
Pages : 164
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Book Description
George J. McCormack, (1887-1974) had a life-long interest in astrology and the weather. Inspired by the astrometeorological work of A.J. Pearce (1840-1923), McCormack meticulously tracked and recorded the weather, from before World War I, until his death more than half a century later. In 1947, after 23 years of research, he published his "key" to long-range weather forecasting, being this book. Confident of his ability, in the spring of 1947 McCormack predicted one of the most severe winters in decades, specifically forecasting the infamous snows of December 26, 1947. He was nationally famous overnight. The techniques he used are in this amazing book. With study, they will become yours. The weather bureau predicts the weather, day by day, by careful observation of current conditions. You can learn to predict based on underlying celestial factors, which can be known months, even years, in advance. In 1963, before the US Weather Bureau, and again in 1964, before the American Meteorological Society, McCormack presented his life's work. Both groups ignored him, to our great loss. Use this book, make a better choice.
Author: Jamie L. Pietruska
Publisher: University of Chicago Press
ISBN: 022647500X
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
Introduction: crisis of certainty -- Cotton guesses -- The daily "probabilities"--Weather prophecies -- Economies of the future -- Promises of love and money -- Epilogue: specters of uncertainty
Author: Fotini K. Chow
Publisher: Springer Science & Business Media
ISBN: 9400740980
Category : Science
Languages : en
Pages : 760
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Book Description
This book provides readers with a broad understanding of the fundamental principles driving atmospheric flow over complex terrain and provides historical context for recent developments and future direction for researchers and forecasters. The topics in this book are expanded from those presented at the Mountain Weather Workshop, which took place in Whistler, British Columbia, Canada, August 5-8, 2008. The inspiration for the workshop came from the American Meteorological Society (AMS) Mountain Meteorology Committee and was designed to bridge the gap between the research and forecasting communities by providing a forum for extended discussion and joint education. For academic researchers, this book provides some insight into issues important to the forecasting community. For the forecasting community, this book provides training on fundamentals of atmospheric processes over mountainous regions, which are notoriously difficult to predict. The book also helps to provide a better understanding of current research and forecast challenges, including the latest contributions and advancements to the field. The book begins with an overview of mountain weather and forecasting chal- lenges specific to complex terrain, followed by chapters that focus on diurnal mountain/valley flows that develop under calm conditions and dynamically-driven winds under strong forcing. The focus then shifts to other phenomena specific to mountain regions: Alpine foehn, boundary layer and air quality issues, orographic precipitation processes, and microphysics parameterizations. Having covered the major physical processes, the book shifts to observation and modelling techniques used in mountain regions, including model configuration and parameterizations such as turbulence, and model applications in operational forecasting. The book concludes with a discussion of the current state of research and forecasting in complex terrain, including a vision of how to bridge the gap in the future.
Author: Marlene Bradford
Publisher: University of Oklahoma Press
ISBN: 9780806133027
Category : Science
Languages : en
Pages : 268
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Book Description
Tornadoes, nature's most violent and unpredictable storms, descend from the clouds nearly one thousand times yearly and have claimed eighteen thousand American lives since 1880. However, the U.S. Weather Bureau--fearing public panic and believing tornadoes were too fleeting for meteorologists to predict--forbade the use of the word "tornado" in forecasts until 1938. Scanning the Skies traces the history of today's tornado warning system, a unique program that integrates federal, state, and local governments, privately controlled broadcast media, and individuals. Bradford examines the ways in which the tornado warning system has grown from meager beginnings into a program that protects millions of Americans each year. Although no tornado forecasting program existed before WWII, the needs of the military prompted the development of a severe weather warning system in tornado prone areas. Bradford traces the post-war creation of the Air Force centralized tornado forecasting program and its civilian counterpart at the Weather Bureau. Improvements in communication, especially the increasing popularity of television, allowed the Bureau to expand its warning system further. This book highlights the modern tornado watch system and explains how advancements during the latter half of the twentieth-century--such as computerized data collection and processing systems, Doppler radar, state-of-the-art television weather centers, and an extensive public education program--have resulted in the drastic reduction of tornado fatalities.
Author: Phaedra Daipha
Publisher: University of Chicago Press
ISBN: 022629868X
Category : Nature
Languages : en
Pages : 280
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Book Description
"In Masters of Uncertainty, Phaedra Daipha offers a new framework for understanding decision-making practice after spending years immersed in a northeastern office of the National Weather Service. Arguing that forecasters have made a virtue of the unpredictability of the weather, Daipha shows how they enlist an onmivorous appetite for information and improvisational collage techniques to create a locally meaningful forecast on their computer screens. This richly detailed and lucidly written book advances a theory of decision making that foregrounds the pragmatic and situated nature of expert cognition and casts new light on how we make decisions in the digital age"--Page {4] of cover.
Author: Joseph M. Moran
Publisher:
ISBN: 9781878220745
Category : Atmospheric physics
Languages : en
Pages : 573
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Book Description
Author: Peter Ray
Publisher: Springer
ISBN: 1935704206
Category : Science
Languages : en
Pages : 803
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Book Description
This book is a collection of selected lectures presented at the ‘Intensive Course on Mesoscale Meteorology and Forecasting’ in Boulder, USA, in 1984. It includes mesoscale classifications, observing techniques and systems, internally generated circulations, mesoscale convective systems, externally forced circulations, modeling and short-range forecasting techniques. This is a highly illustrated book and comprehensive work, including extensive bibliographic references. It is aimed at graduates in meteorology and for professionals working in the field.
