human progress - neowave progress--part1pres.pdfelliott wave institute • 1278 glenneyre • laguna...

HUMAN HUMAN HUMAN HUMAN PROGRESS PROGRESS PROGRESS PROGRESS From the Ice Age From the Ice Age From the Ice Age From the Ice Age to the Space Age to the Space Age to the Space Age to the Space Age by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute ...and Beyond! ...and Beyond! ...and Beyond! ...and Beyond!

Introduction

Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949

Audience Questions

• Are you OPTIMISTIC aboutthe World’s future?

• Are you PESSIMISTIC aboutthe World’s future?

Chart 1


Audience Questions

• Do you think Human Progressis Predictable?

• Do you think there are toomany variables to allowPrediction?

Chart 2


Dilemma

• Can Economic History beQuantified

• Obstacle to Long-termResearch - Limited Data

• Earliest Available Study

Chart 3


Available Data -Fraction of HumanHistory

• Necessitates Reliance onArcheologists / Historians

0.0001

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Dow - 25yr. Hi-Lo (starts 1695)

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Purpose of Research

• Develop Scientific, ObjectiveApproach to QuantifyEconomic History

• Translate into “Map” ofHuman Progress

• Better Understand Evolutionof Progress

• Using Wave Theory, MergePast with Present to ForecastFuture

Chart 5


Primary Goals ofPresentation

• Determine Critical Point inHuman Evolution

• Define FoundationalPrinciples of HumanEvolution and Progress

• Use those discoveries toQuantify History

• Use Wave Theory to StructureHistory

• Map Progress from the IceAge to the 23rd Century

Chart 6


What I Learned inHigh School

• History Irrational

• No Guiding Principles

• No Compelling Forces

• A Position that makesProgress Difficult to Explain

Chart 7


Growth and Decay -A Natural Process

Growth

Decay

Decay

Growth

Chart 8


Star

t of

Agr

icul

ture

9000

BC

8000

BC

7000

BC

6000

BC

5000

BC

10,0

00 B

CE

nd o

f L

ast

Ice

Age

When did Last GreatPeriod of HumanGrowth Begin?

Chart 9


Why did HumanProgress Begin?

• Basic Needs - Air, Water,Sleep, Food, Clothing,Shelter

• Needs that Initiate Action

• Water

• Food

• Needs that InitiateProgress

• Clothing

• Shelter

Chart 10


Uncovering theHidden EconomicMotive!

• Abraham Maslow: “man is awanting animal”

• Maslow’s “INDEX OF HUMANNEEDS”

• Physiological - Stage 1

• Safety - Stage 2

• Love or Belongingness -Stage 3

• Esteem or Status - Stage 4

• Self-Actualization - Stage 5

Chart 11a


Stairway of PersonalDevelopment

Progression ofIndividual

HUMAN NEED (as proposed by Abraham Maslow

[Abundance/Scarcity labelings by Glenn Neely])

1. Physiological

2. Safety

3. Love/Belongingness

4. Esteem/Status

5. Self-Actualization

Scarcity

Scarcity

Scarcity

Abundance

Chart 11b


Discovering theFoundations ofProgress

• Human NEED DictatesActivity• Visceral NEED Impetus for

Human Action• Physical NEED Incentive

for Progress• Social NEED Starts

Economic / MaterialProgress

• Status/Mental NEEDSBegin Art/Tech. Progress

• Use of TIME DictatesProgress• Efficiency - Critical to

Progress

Chart 12


Pyramid ofEfficiency

24 Hour Day

Surv

ival

Secu

rity

Secu

rity

Mat

eria

l

Mat

eria

l

Stat

us

Stat

us

Men

tal

Men

tal

24 Hour Day

Chart 13


The Reality of“History”

• History - Study of Extremes

• Historic Extremes RequireMass Participation

• What Historians Look For

• Maslow’s Oversight

Chart 14


Illusion ofSelf-Determination

• Survival Instinct ForcesDevelopment of Agriculture

• Agriculture ForcesEmergence of Towns, Cities

• Cities Fulfill Need to Belong

• Cities require, Cooperationrequires development of Laws

• Laws free mind of Uncertainty

• Freedom of thought allowsCreativity to Flourish

• Creativity fosters researchinto the unknown

Chart 15


History - IndirectEvidence of HumanNEED

• Human Action Directlyconnected to Human NEED

• Fulfillment of each NEEDrequires specific action

• Historian primarily studymass human action

• CONCLUSION: Study ofHistory will provide clues onNEED level

Chart 16


Certainty of NEEDallows Predictability

• Pursuit of a specific NEEDlevel implies fulfillment ofprevious

• Style of Life (standard ofliving) directly associatedwith current NEED

• Average NEED level =Current Standard of Living

• CONCLUSION: Throughthe study of history, wecan approximate LivingStandards

Chart 17

human progress - neowave progress--part1pres.pdfelliott wave institute • 1278 glenneyre • laguna...

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