The Great Crash of 1929
Of Galbraith's classic examination of the 1929 financial collapse, the Atlantic Monthly said:"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...
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Of Galbraith's classic examination of the 1929 financial collapse, the Atlantic Monthly said:"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." Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.
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Format: paperback
ISBN:
9780395859995 (0395859999)
Publish date: April 30th 1997
Publisher: Mariner Books
Pages no: 224
Edition language: English
Economics is more descriptive than predictive, but it is amazing how similar the circumstances of the 1929 crash are to the 2008 crash. I was also surprised by how sarcastic Galbraith's tone gets when he describes the mendacity of some big businessmen of the time and the incompetence of the subsequ...
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