Mises Daily
Author:
Clifford F. Thies
Online Publish Date:
During the mid-1980s, one of the kookier things I as an economist and a sane person had to deal with was Dr. Ravi Batra’s monster best-seller The Great Depression of 1990 , published by Simon and Shuster. Dr. Batra prophesied--er, I mean forecasted--that the year 1990 would begin a cataclysmic, seven-year, world-wide depression. If there was