Ravi Batra, Indian-American economist and academic
Raveendra Nath "Ravi" Batra (born June 27, 1943) is an Indian-American economist, author, and professor at Southern Methodist University. Batra is the author of six bestselling books, two of which appeared on The New York Times Best Seller list, with one (The Great Depression of 1990) reaching #1 in late 1987. His books center on his idea that financial capitalism breeds excessive inequality and political corruption which inevitably succumbs to financial crisis and economic depression.
In his works, Batra proposes an equitable distribution system known as Progressive Utilization Theory (PROUT) as a means to not only ensure material welfare but also to secure the ability of all to develop a full personality.
Ravi Batra has appeared on CBS, NBC, CNN, ABC, and CNBC and has been profiled in The New York Times,Time,
and Newsweek.
Since the financial crisis, Batra has been a frequent guest on radio shows
and featured in numerous publications.
1943Jun, 27
Ravi Batra
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Events on 1943
- 11Feb
Dwight D. Eisenhower
World War II: General Dwight D. Eisenhower is selected to command the allied armies in Europe. - 30May
Auschwitz concentration camp
The Holocaust: Josef Mengele becomes chief medical officer of the Zigeunerfamilienlager (Romani family camp) at Auschwitz concentration camp. - 19Jun
Pittsburgh Steelers
The Philadelphia Eagles and Pittsburgh Steelers in the NFL merge for one season due to player shortages caused by World War II. - 6Nov
Kiev
World War II: The Soviet Red Army recaptures Kiev. Before withdrawing, the Germans destroy most of the city's ancient buildings. - 4Dec
Josip Broz Tito
World War II: In Yugoslavia, resistance leader Marshal Josip Broz Tito proclaims a provisional democratic Yugoslav government in-exile.