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Subject:[socialcredit] Re: Last words? [Greenspan at Jackson Hole, August 26, 2005]
Date:Saturday, August 27, 2005  13:31:41 (-0400)
From:W. Curtiss Priest <bmslib @...edu>

> For a chuckle or a weep, read:
> 
> http://www.federalreserve.gov/boarddocs/speeches/2005/20050826/default.htm

Jack,

Thanks!  Oh, yesterday.  Our Boston Globe didn't catch it yet.

I commend:

Greenspan's Fraud 

by Ravi Batra and Raveendra N. Batra

Palgrave Due/Published May 2005, 288 pages, cloth ISBN 1403968594 

"Here, finally, is the dark truth about Alan Greenspan. In this
chilling expose of one of the most powerful men of our time, Ravi
Batra reveals Greenspan for who he secretly is: An ideologue who has
waged war on the American Dream and imperiled the world economy.
"Greenspan's Fraud is a terrifying book."--David Callahan, author of
"The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead
"Ravi Batra is one of the world's most controversial economists.
Beneath the surface of his often contentious conclusions lies a deeper
source of the controversy. He does not accept one of the most
fundamental fallacies of modern macroeconomic theory--the assumption
that macroeconomic policy has no distribution effects.... Professor
Batra turns this oversimplifying assumption upside down.... [W]e
cannot and should not ignore him..."--William A. Barnett, Oswald
Distinguished Professor of Macroeconomics, University of Kansas and
Editor, Macroeconomic Dynamics PRAISE FOR RAVI BATRA'S OTHER BOOKS 
"Dr. Batra writes about his subject as clearly as if he were telling
bedtime stories."--Christopher Lehmann-Haupt, "New York Times "Batra
has set the standard for economic analysis . . . Think about it.
Before Batra, who ever heard of phrases like 'jobless recovery, '
'contained depression, ' and 'deflationary boom.'"--John Liscio,
"Barron's "When it comes to the bottom line so beloved of economists,
one can learn a lot about events by thinking about them in cyclical
regularities, of which Batra gives a novel and brilliant
exposition."--Lester C. Thurow, Professor, MIT "Batra [is] a scholar
who has earned a considerable reputation as an expert on
trade."--Albert Crenshaw,"Washington Post "Ravi Batra has made an
outstanding reputation in the United States as an international
economic theorist in the best Western tradition."--Leonard Silk, "New
York Times

-- 


	   W. Curtiss Priest, Director, CITS
   Research Affiliate, Comparative Media Studies, MIT
      Center for Information, Technology & Society
         466 Pleasant St., Melrose, MA  02176
   781-662-4044  BMSLIB@MIT.EDU http://Cybertrails.org

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