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The 1987 Prophecy: A Theory to Stop Economic Depression
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Created December 22, 2025About this video
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1:00
Back in 1987, Ravi Batra, an Indian-American economist, published a book,
1:06
Great Depression of 1919, which talks about the coming economic depression and gave
1:13
some insights on what all could be done so to stop it. His book also appeared
1:19
on The New York Times bestseller list and reached top in 1987. In this book,
1:26
he proposed a equitable distribution system known as Progressive Utilization Theory, or PROUT,
1:34
as a means to not only ensure materialistic welfare, but also to secure the ability of all
1:42
to develop a full personality.
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