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Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy de Ravi Batra

Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy

Autor Ravi Batra
en Limba Engleză Hardback – 30 apr 2005

For two decades Federal Reserve Chairman Alan Greenspan has held reign over economic policy, outlasting three presidents. His long tenure has had a profound effect on global economics and on individuals. In this hard-hitting expose, international bestselling author Ravi Batra takes sharp aim at Greenspan's policies since he came into power. Greenomics, Batra argues, has extracted trillions of dollars from the American middle class and sharply benefited the rich, while protecting big business. Batra proves that Greenomics has also been responsible for periods of irrational exuberance, and exposes the wild inconsistencies in his social security plans. "Greenspan's Fraud" explores Greenspan's influences and motivations and the discrepancies between his words and actions, while revealing how his policies have national and global impact."

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Livrare economică 20 februarie-06 martie

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Specificații

ISBN-13: 9781403968593
ISBN-10: 1403968594
Pagini: 288
Ilustrații: Includes 18 tables + 6 figures
Dimensiuni: 163 x 240 x 25 mm
Greutate: 0.49 kg
Ediția:New.
Editura: Palgrave
Locul publicării:Basingstoke, United Kingdom

Cuprins

The Two Faces of Alan Greenspan
Social Security Fraud
Greenomics: Free Profits Define Free Markets
Intellectual Fraud
Greenspan and the Globe
What Causes a Stock Market Bubble and Its Crash?
The Income Tax Rate and Our Living Standard
Does the Minimum Wage Create Unemployment?
Greenspan and the Galloping Trade Deficit
The Legacy of Greenomics
Economic Reform

Recenzii

'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

Notă biografică

RAVI BATRA is Professor of Economics at the Southern Methodist University, Dallas, USA, and is author of six international bestsellers two of which were New York Times bestsellers, including The Great Depression of 1990, and Surviving the Great Depression of 1990. He has appeared on CBS, NBC, CNN, ABC, CNBC and has been profiled in The New York Times, The Washington Post, Time, Newsweek and many more.

Caracteristici

1 Highly provocative - Batra addresses the far-reaching effects of Greenspan's economic plan and does not hold back. Clearly there are two sides to this debate, and so this has the potential to garner significant media attention
2 Ravi Batra is the author of six international bestsellers including two New York Times bestsellers and number one bestsellers in Japan, Italy and Argentina
3 Author platform - Batra is an active speaker at conferences worldwide, a seasoned mediagenic spokesperson for his books with a history of attracting headline media attention around the world, and active campus lecturer

Descriere

This hard-hitting expose takes sharp aim at Greenspan's policies. Greenomics, Batra argues, has extracted trillions of dollars from the American middle class and sharply benefited the rich, while protecting big business.