Science: Venus, Panic-Monger

Men have long speculated on the influence of cosmic bodies over the tides of human affairs. Within the last cen-tury a few really scientific minds have begun to observe certain regularities both in astronomy and economics. We are familiar with the course of the "Business Cycle," as described by Prof. Wesley Clair Mitchell and others, through inflation, crisis, depression, recovery. Its major catastrophes show a somewhat irregular recurrence, but if we analyze wholesale prices, both of manufactured goods and raw materials, we find a fairly regular cycle of about eight years between...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!