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Review of Ravi Batra, The Great Depression of 1990

Author

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  • Armstrong, J. Scott

Abstract

The Great Depression of 1990 was on the New York Times best-seller list for non-fiction in the summer of 1987. It follows a standard formula for best sellers in forecasting: Forecast a great disaster, and include a formula for redemption. If the disaster occurs, you can say, "I told you so." If it doesn't occur, you say, "It is good that they listened to my advice. I saved them." How can you lose? When I first saw this book, it occurred to me that it was a hoax.

Suggested Citation

  • Armstrong, J. Scott, 1988. "Review of Ravi Batra, The Great Depression of 1990," MPRA Paper 81671, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:81671
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    File URL: https://mpra.ub.uni-muenchen.de/81671/1/MPRA_paper_81671.pdf
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    References listed on IDEAS

    as
    1. Bell, John G & Seater, John J, 1978. "Publishing Performance: Departmental and Individual," Economic Inquiry, Western Economic Association International, vol. 16(4), pages 599-615, October.
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    More about this item

    Keywords

    economic forecasting;

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E0 - Macroeconomics and Monetary Economics - - General
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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