The Foundation for the Study of Cycles was set up around 1941 by Edward R Dewey and others. It resulted from his study of economic cycles and then he found out about the 1931 Matamek Conference on Biological Cycles and contacted the organizers and FSC was born. Over the years the Foundation played a very active role in Cycles Research, publishing “Cycles” magazine and books, holding conferences, and much more.
After the death of Dewey in 1978, there were a number of other prominent directors of FSC. They contributed such things as publishing of books, creating an internet presence, holding conferences and doing research in various cycles related areas.
Then in the mid 1990s financial problems and the eventual arrest of Chairman Martin Armstrong led to the collapse of FSC. The name of “Foundation for the Study of Cycles” became tainted and there was no central cycles location for people to connect any more. Some members believed that this failure was due to over concentration on markets at the expense of the wider picture which must include scientific study of cycles also.
Without a list of members it was difficult to re-establish a cycles organization. With the rise of the internet, a cycles discussion group was begun in 1997 and continued on various platforms from that time, with some 500 members in recent years.
Then in 2004, on a trip to USA and UK, I met with a number of prominent past members in person, and through email discussed with others the idea of starting a new cycles organization. Because we considered that FSC was defunct and the name was now tainted we decided to start up with the name “Cycles Research Institute” but with the same objectives as the original FSC. We began to put some of the important papers by Dewey and others on the CRI web site so that they would not be lost to future generations. The approach was a gradual one, not dependent on funds. We had no office and no paid staff. Just a web site and some dedicated volunteers. But the big plan was there also as well as the intention to cover all aspects of cycles, not just markets.
Several years later the old FSC web site suddenly reappeared. Approaches to the people concerned received no response. Then this new FSC run by David Perales told CRI that we had no right to use FSC copyrighted material. We always disputed with them that they were the original FSC, and disagreed that they held copyright. They were younger than us in our opinion. Eventually we reached an amicable agreement to work together. However the methods of selling material through sending out what many considered to be spam, and the failure of Perales to honour his financial commitments to many people led CRI to part company from the new FSC. We also had a statement from Ned Dewey, the son of Edward Dewey, who says that the old FSC voted to wind itself up and intended to release the copyrights to the world. We continue to operate with that understanding.
So we are now 7 years old. We still hold to the same intentions that Edward Dewey and others had when FSC was first born. We do this from a belief that cycles research is too valuable to be marketed in dribs and drabs. All of our material is available free on the web. At some future time we will likely introduce paid membership for those who want to assist in bringing more of our plans to realization. Recently, on our second attempt, we created a cycles discussion forum to eventually replace the old style email discussion groups. All people interested in cycles are welcome there.