Fundamentals of Prosperity

Roger Ward Babson (1875-1967), remembered today largely for founding Babson College in Massachusetts, was an entrepreneur and business theorist in the first half of the 20th Century. He also founded Webber College, now Webber International University, in Babson Park, Florida, and the defunct Utopia College, in Eureka, Kansas. He attended Massachusetts Institute of Technology and worked for investment firms before founding, in 1904, Babson's Statistical Organization, which analyzed stocks and business reports. Babson also had a quirky side, most notably in his founding of the Gravity Research Foundation in 1948. The Foundation established a research facility in the town of New Boston, New Hampshire after Babson determined that this location was far enough away from the city of Boston, Massachusetts to survive a nuclear attack. His published works include: The Future of Us Boys (written as A Friend) (1915), Fundamentals of Prosperity (1920) and Actions and Reactions (1935).