THE NEW GOLDEN AGE
Bringing his signature insight and expertise, the controversial economist Ravi Batra takes on a host of problems facing the world economy, including the oil and housing bubbles, falling minimum wages, corporate scandals, gross ethical lapses, the rise of celebrity economists at the Federal Reserve and elsewhere, and political crises of all kinds. He is unflinching in his criticism of the global economic elites and the suffering and deprivation they have caused in the lives of ordinary men and women. At the same time, he also offers an expansive, optimistic vision of how the international community can overcome the many challenges before it and bring about something historically unprecedented: true global economic prosperity.
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 exposé, 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.