Regular Economic Cycles: Money, Inflation, Regulation and Depressions by Ravi Batra, Hardcover | Barnes & Noble
Regular Economic Cycles: Money, Inflation, Regulation and Depressions

Regular Economic Cycles: Money, Inflation, Regulation and Depressions

by Ravi Batra
     
 
This book sheds new and unconventional light on several controversial issues in macroeconomics, which, as is commonly recognized, is currently suffering from a great deal of confusion. Many different schools of macroeconomic thought, most of them at war with each other, exist today.

Overview

This book sheds new and unconventional light on several controversial issues in macroeconomics, which, as is commonly recognized, is currently suffering from a great deal of confusion. Many different schools of macroeconomic thought, most of them at war with each other, exist today.

Editorial Reviews

Publishers Weekly - Publisher's Weekly
Batra, author of the bestselling Great Depression of 1990 , here presents yet more claptrap masquerading as economics, applying Indian guru P. R. Sarkar's metaphysical musings to macroeconomics and predicting that the ``world's greatest depression ever'' will begin in 1990. Sarkar divides humanity into four classes--laborers, warriors, intellectuals and acquisitors (reminiscent of Hinduism's caste system)--and asserts that history is rigidly determined by cycles of class succession. The U.S., supposedly, is now in the acquisitive stage; Batra claims that a 30-year cycle of monetary growth, inflation and regulation is responsible. He argues that increasing disparities in wealth cause depressions; to reduce the disparities and prevent the depressions, Batra recommends Sarkar's proposals including a confiscatory wealth tax, limitations on income and the size of corporations, and nationalization of a number of industries. (Oct.)
Library Journal - Library Journal
Don't be deceived by the new title: This is a reissue for the academic market of the original scholarly text Batra self-published in 1985 and which Simon & Schuster later adapted and popularized as The Great Depression of 1990 ( LJ 6/15/87). This has an added one half-page of preface, a retitled chapter, and 16 pages of additional material, most of dubious relevance. This is hilariously out of date; no mention is made, for example, of the stock market crash of 1987. Not recommended.-- Richard Schiming, Mankato State Univ., Minn.

Product Details

ISBN-13:
9780312032609
Publisher:
Palgrave Macmillan
Publication date:
10/28/1989
Edition description:
REPRINT
Pages:
192
Product dimensions:
5.66(w) x 8.42(h) x 0.76(d)

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >