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'Here, finally, is the dark truth about Alan Greenspan. In this chilling exposé of one of the most powerful men of our time, Ravi Batra reveals Greenspan for who he secretly is: An ideologue who has waged war on the American Dream and imperilled the world economy. Greenspan's Fraud is a terrifying book.' - David Callahan, author of The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead
'Ravi Batra is one of the world's most controversial economists. Beneath the surface of his often contentious conclusions lies a deeper source of the
controversy. He does not accept one of the most fundamental fallacies of modern macroeconomic theory - the assumption that macroeconomic policy has no distribution effects. Many macroeconomic models contain only per capita variables, whether or not based upon the representative agent aradigm. Professor Batra turns this oversimplifying assumption upside down, by making the higher order moments of central importance. Whether or not we agree with his policy conclusions, we cannot and should not ignore him as a
counterweight to the profession's tendency to assume away the distribution effects of policy.' - William A. Barnett, Oswald Distinguished Professor of Macroeconomics, University of Kansas and Editor, Macroeconomic Dynamics
Praise for Ravi Batra's Other Books:
'Dr. Batra writes about his subject as clearly as if he were telling bedtime stories.' - Christopher Lehmann-Haupt, New York Times
'Batra has set the standard for economic analysis...Think about it. Before Batra, who ever heard of phrases like 'jobless recovery,' 'contained depression,' and 'deflationary boom.'' - John Liscio, Barron's
'When it comes to the bottom line so beloved of economists, one can learn a lot about events by thinking about them in cyclical regularities, of which Batra gives a novel and brilliant exposition.' - Lester C. Thurow, Professor, MIT
'Batra [is] a scholar who has earned a considerable reputation as an expert on trade.' - Albert Crenshaw, Washington Post
'Ravi Batra has made an outstanding reputation in the United States as an international economic theorist in the best Western tradition.' - Leonard Silk, New York Times
'Batra's 10-point blacklist makes interesting reading.' - Timon Day, Shares
Reseña del editor:
'Ravi Batra is one of the world's most controversial economists. Beneath the surface of his often contentious conclusions lies a deeper source of the
controversy. He does not accept one of the most fundamental fallacies of modern macroeconomic theory - the assumption that macroeconomic policy has no distribution effects. Many macroeconomic models contain only per capita variables, whether or not based upon the representative agent aradigm. Professor Batra turns this oversimplifying assumption upside down, by making the higher order moments of central importance. Whether or not we agree with his policy conclusions, we cannot and should not ignore him as a
counterweight to the profession's tendency to assume away the distribution effects of policy.' - William A. Barnett, Oswald Distinguished Professor of Macroeconomics, University of Kansas and Editor, Macroeconomic Dynamics
Praise for Ravi Batra's Other Books:
'Dr. Batra writes about his subject as clearly as if he were telling bedtime stories.' - Christopher Lehmann-Haupt, New York Times
'Batra has set the standard for economic analysis...Think about it. Before Batra, who ever heard of phrases like 'jobless recovery,' 'contained depression,' and 'deflationary boom.'' - John Liscio, Barron's
'When it comes to the bottom line so beloved of economists, one can learn a lot about events by thinking about them in cyclical regularities, of which Batra gives a novel and brilliant exposition.' - Lester C. Thurow, Professor, MIT
'Batra [is] a scholar who has earned a considerable reputation as an expert on trade.' - Albert Crenshaw, Washington Post
'Ravi Batra has made an outstanding reputation in the United States as an international economic theorist in the best Western tradition.' - Leonard Silk, New York Times
'Batra's 10-point blacklist makes interesting reading.' - Timon Day, Shares
For two decades Alan Greenspan has held reign over the US Federal Reserve, outlasting three American presidents. His debilitatingly long tenure has had a profound effect on global economics and on individuals around the world. In this book, international bestselling author, Ravi Batra, takes sharp aim at Greenspan's policies since he came into power while revealing the underlying philosophies of the man called 'one of the most powerful men in the world' by the international press. 'Greenomics', Batra argues, is riddled with inconsistency that hints at political motive. Greenspan, whose mentor was Ayn Rand, is exposed as a protector of big business at the expense of the middle class. Batra proves that 'Greenomics' has also been responsible for periods of irrational exuberance, because of Greenspan's loose monetary policies. Since the mid 90's, his ultra-expansionist monetary policy has strictly benefited the rich. Batra credits Greenspan with unwittingly engineering a global crash, creating self serving policies, and creating policy based on false assumptions.
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- EditorialMacmillan Education
- Año de publicación2005
- ISBN 10 1403968594
- ISBN 13 9781403968593
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Descripción Hardcover. Condición: new. Hardcover. For two decades Alan Greenspan has held reign over the US Federal Reserve, outlasting three American presidents. His debilitatingly long tenure has had a profound effect on global economics and on individuals around the world. In this book, international bestselling author, Ravi Batra, takes sharp aim at Greenspan's policies since he came into power while revealing the underlying philosophies of the man called 'one of the most powerful men in the world' by the international press. 'Greenomics', Batra argues, is riddled with inconsistency that hints at political motive. Greenspan, whose mentor was Ayn Rand, is exposed as a protector of big business at the expense of the middle class. Batra proves that 'Greenomics' has also been responsible for periods of irrational exuberance, because of Greenspan's loose monetary policies. Since the mid 90's, his ultra-expansionist monetary policy has strictly benefited the rich. Batra credits Greenspan with unwittingly engineering a global crash, creating self serving policies, and creating policy based on false assumptions. For two decades Alan Greenspan has held reign over the US Federal Reserve, outlasting three American presidents. His debilitatingly long tenure has had a profound effect on global economics and on individuals around the world. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9781403968593
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