Book notes: Fortune Tellers: The Story of America’s First Economic Forecasters, by Walter Friedman

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Walter A Friedman, Fortune Tellers: The Story of America’s First Economic Forecasters, Princeton University Press, 2014, 288 pages

This is beyond doubt a fascinating and enjoyable book. The introduction touches on the early history of what would now be called economic forecasting, but the book proper describes the life and work of three famous forecasters: Roger Babson, Irving Fisher and John Moody. Later chapters chart the work of Charles Bullock and Warren Persons at Harvard Economic Service,

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