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Dr Ravi Batra is a professor of economics at Southern Methodist University, Dallas. This article is based on his two books, "The New Golden Age" and "Greenspan's Fraud." His web site is ravibatra.com.

  • The Occupy Wall Street Movement and the Coming Demise of Crony Capitalism

    O’ brave protesters of the OWS movement, your effort will not only shape the 2012 elections, they will also end, once and for all, the brutality of the rich and powerful, who are responsible for the sorry state you are in. The change that you are about to bring will be glorified as what Abraham Lincoln did for black Americans. I hope that, with your support, Mr. Obama will be the harbinger of that change.


  • America, Get Ready for the Double Dip

    America, Get Ready for the Double Dip


  • Weapons of Mass Exploitation

    About eight years ago, there was frenzied and furious talk about WMDs, or weapons of mass destruction. Both the frenzy and the fury came from President George W. Bush and his administration, prior to the US invasion of Iraq in March 2003 and soon thereafter. The president’s poll ratings had soared in the aftermath of […]


  • Bailout

    It is an old habit of Wall-Street brokers and financiers first to generate a crisis and then to profit from it’s a practice that may be called crisis profiteering. Remember the great inflation of the 1970s. It was Wall Street that urged then-Fed Chairman Arthur Burns to regularly print money and fight the decade’s recessions. […]


  • Toward A New World Economic Order

    After the demise of Soviet communism, President George Bush proclaimed the need for a new world order, with a planetary economy tied to free trade. This is just the wrong thing to do, for it will add to pollution without generating much new production. assignment writing help The global trading network today is guided by […]


  • The ecology of progress

    To understand Prout, it is necessary to begin with its concept of progress. In common parlance, the term “progress” is associated with technical and scientific advancement, or anything that enhances the comforts of life. But these also create problems and can therefore not be termed as real progress. Humanity is said to have made tremendous […]