The Great Crash 1929

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ISBN-13:
9780547248165
Veröffentl:
2009
Erscheinungsdatum:
01.09.2009
Seiten:
224
Autor:
John Kenneth Galbraith
Gewicht:
232 g
Format:
210x141x24 mm
Sprache:
Englisch
Beschreibung:

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."

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