From Boom to Doom?

Every boom spawns its prophets of doom, and the current bull market is no exception. Right now the most visible naysayer is a previously little-known economics professor named Ravi Batra. His eye-catching book, The Great Depression of 1990, has jumped to No. 4 in its sixth week on the New York Times' nonfiction best-seller list. At $17.95 a copy, it has been snapped up by some 175,000 buyers who are either curious or concerned -- or both -- about just how high the current boom can go before it turns to bust.

The Indian-born Batra, 44, who teaches at Southern Methodist...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!