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Review of Ravi Batra, The Great Depression of 1990

J. Armstrong

MPRA Paper from University Library of Munich, Germany

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.

Keywords: economic; forecasting (search for similar items in EconPapers)
JEL-codes: C53 E0 H68 J11 (search for similar items in EconPapers)
Date: 1988-04
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Published in International Journal of Forecasting 4 (1988): pp. 493-495

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