The Great Crash 1929

Overview

John Kenneth Galbraith's classic examination of the 1929 financial collapse. Arguing that the 1929 stock market crash was precipitated by rampant speculation in the stock market, Galbraith notes that the common denominator of all speculative episodes is the belief of participants that they can become rich without work. It was Galbraith's belief that a good knowledge of what happened in 1929 was the best safeguard against its recurrence. Atlantic Monthly wrote, "Economic writings are seldom notable for their entertainment value, but this book is. Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community."

Details

Publisher

Houghton Mifflin Harcourt

Published

2009

Pages

206

Language

EN

Categories

Business & Economics / Economic Conditions, Business & Economics / Economic History, Business & Economics / Finance / General, Business & Economics / Investments & Securities / General, Business & Economics / Investments & Securities / Stocks, Business & Economics / Investments & Securities / Analysis & Trading Strategies, Business & Economics / Economics / Macroeconomics, Business & Economics / Economics / Microeconomics, Business & Economics / Money & Monetary Policy, History / United States / General, History / United States / 20th Century

ISBN-13

9780547248165