
author
1875–1967
Best remembered for forecasting the 1929 stock market crash, he built a national reputation as a business analyst and went on to found Babson College. His career mixed finance, education, and a strong faith in statistics as a guide to public life.

by Roger Ward Babson

by Roger Ward Babson
Born in Gloucester, Massachusetts, in 1875, Roger Ward Babson became an American entrepreneur, economist, and business theorist whose name was widely associated with business forecasting. Sources agree that he founded the Babson Statistical Organization in the early 1900s and later established Babson Institute, now Babson College, helping shape business education in the United States.
He is especially remembered for warning of the market break that preceded the Wall Street crash of 1929, a prediction that made him famous well beyond financial circles. In addition to Babson College, accounts of his life note his broader educational and philanthropic projects, including support for other schools and civic causes.
Babson died in 1967. Alongside his business work, he left behind an unusual and memorable public image: a successful forecaster, institution builder, and prolific writer whose ideas reached readers interested in markets, self-improvement, and practical economics.