BENNER, Samuel.

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Prophecies of future ups and downs in prices. First edition of this pioneering work of business forecasting, discussed alongside texts by such authors as Jevons and Fisher.Samuel Benner (1832-1913), a retired Ohio hog farmer, knew all about market fluctuations - the Panic of 1873 had wiped out his financial holdings and a swine flu epidemic had wrought similar damage on his livestock. In retirement, he set out to explore the underlying mechanisms of market prices, reasoning from cyclical patterns in the natural world that the world of business had to operate on similar principles. Writing in the American Economic Review in 1913, James Brookmire noted that "Benner deserves to be given prominence as the pioneer in the work of systematically forecasting business conditions in this country" (p. 43).Copies of this first edition are recorded in several variant bindings, most commonly in green cloth: no priority has been established.

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