A Century of Cycles in Business (Classic Reprint)

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Excerpt from A Century of Cycles in Business It is a great desideratum to know when good times will commence, and it is also important to know how long they will continue, and when we may expect the next reaction in general business. Believing that human affairs move in cycles as certain as the laws of nature, and believing in the axiom, History repeats itself, and that statistics confirm this belief, and as these cycles in business have been too numerous, regular and persistent to allow for a theory of fortuitous circumstances, this volume has been written in the hope that some light may be thrown on the future, in setting forth what has taken place in the past. In the belief that the average reader prefers not to be confronted with a mass of statistics, the volume has been made as concise ad possible, and the aim has been to group the cycles together with only absolutely essential data, as a ready reference for the busy man who cares to contrast the past with the present, and to compare history with what is transpiring in the present, that he may resolve upon right conclusions, as to how and when the cycles will repeat themselves in the future, for his guidance, and if in this, it shall in any way succeed in aiding in the slightest degree, the wish of the author will be gratified. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.