Editorial Review:
How can you make wise decisions about your company and your personal future when you have no idea where the economy is headed?
The answer is, you can’t. But you can learn how to accurately predict turns in the economy so that you can see the road ahead. And Beating The Business Cycle shows you how.
In Beating the Business Cycle, Lakshman Achuthan and Anirvan Banerji, the directors of the renowned Economic Cycle Research Institute (ECRI) show how anyone can predict and profit from the inevitable booms and busts of the economy.
Why should we believe them? Because while so many economists and financial gurus have failed to predict recessions in the past, ECRI’s forecasts are known for being uncannily accurate. The institute successfully predicted the U.S. recession of 2001 many months before the economists did; the 1990 recession and later recovery; and most recently, the weak U.S. recovery in 2002. ECRI is in constant demand by corporate America and the media. It is the “secret weapon” of companies from Disney to DuPont, the major fund managers, and many central banks.
Beating the Business Cycle is the first book to reveal how decision makers at all levels—managers, small business owners, and individuals—can see into the economy’s future when making key decisions. Should a large company search out new clients and build new factories or stores, or should it consider cost cutting and layoffs? Is it the right time for you to splurge on that luxury vacation or addition to your house, or would it be more prudent to cut back on big expenditures and save money for a rainy day?
Written in an easy-to-understand, accessible style, Beating the Business Cycle takes the guesswork out of deciding which of the hundreds of economic indicators to trust and which ones to trash. It will give you the tools and confidence you need to make the right decisions at the right times—even when the rest of the investing and business world would persuade you otherwise. Whether you are a corporate manager or the owner of a small business, whether you have your money invested in stocks or in your home, Beating the Business Cycle will give you the edge you need to trump the competition and stay ahead of the crowd.
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Customer Reviews
Average Customer Rating: 
How to use our proprietary indicators to beat the business cycle  2008-05-05
There is nothing new or interesting in this book that other books will not give you. I agree with other reviewers, this is basically an expensive marketing brochure for their paid ECRI services.
There is almost no meaningful content in this book. Since I do not intend to subscribe to their service, this book is worthless to me.
Anyone want a slightly use copy? I plan to re-sell it on Amazon soon...
No explanation of business cycles 2008-02-15
I bought this book assuming I would learn tools and techniques to do my own forecasting, and really hoped it would delve into the details of how individual business sectors fare relative to each other throughout the cycle.
None of the above is included in the book. There's plenty of examples showing how a proprietary ECRI indicator made an accurate call at just the right time. They don't give any details of how that indicator is calculated. Initially this was very frustrating and I kept reading, thinking they'd eventually get to the details. Toward the end of the book I realized the book is actually an advertisement for their subscription forecasting services. I should have read these reviews and I'd have saved time and money by not buying this book.
I must commend them for coming up with this innovative marketing approach of writing a book that's really an advertisement. Their subscription service is very expensive so they can afford to sell the book cheap. Lots of people buy the book becasue it's cheap, and that brings in a few more customers for the real product.
A bargain of money & time  2007-12-05
This book is a bargain because after two hours of reading, I had a new way to look at the economy and markets, and it only cost $16.00. If anything, that is too cheap! The text is in ENGLISH, not jargon, which I liked very much. Some economic books seem about as readable as the fine print on my mobile phone bill. Sure, ECRI spends time telling how their indexes have worked in the past, but I don't read that as a marketing pitch. Who else is going to ever tell a small fry like me what's been going on? Not any of the pundits from Wall Street on TV, etc, that's for sure. From what I gather, they'd be quite happy if ECRI went away. I've recommended the book to many people who now feel the same way.
A Must Read 2007-12-04
"Beating the Business Cycle" is very interesting, informative, practical and extremely helpful book to read, not only for policymakers or investors but also for individuals. It gave tools and guidelines that anybody can use to have a better understanding about business cycle and economic trends
Highly Recommended!!!
Marketing Propaganda 2007-07-29
This book is nothing more than a marketing pamphlet for the author's services that cost an exorbitant amount of money. They repeatedly tell you how other forecasters and economists fail where they succeed. How other forecasters and economists continually suffer from "attribution bias" blaming their failures on uncontrollable events while taking full credit for their successes. However, they also attempt to explain away the failure of their indexes to successfully predict economic shifts, and therefore also suffer from attribution biases.
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