The Great Crash, 1929

Couverture
Houghton Mifflin Harcourt, 1997 - 206 pages
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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Excellent recap

Avis d'utilisateur  - Greg in Cincy - Borders

If you're looking for a well documented recap of the Crash of 1929, this book gives you the details, from the land speculation, to the "everything is ok" mantra from the investment bankers. Sound Familiar? you could cover over the years of 1928 and 1929 and replace with 2007 and 2008. Consulter l'avis complet

Table des matières

Vision and Boundless Hope and Optimism i
1
Something Should Be Done?
24
In Goldman Sachs We Trust
43
The Twilight of Illusion
66
The Crash
88
Things Become More Serious
108
Aftermath I
128
Aftermath II
144
Cause and Consequence
168
Index
197
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À propos de l'auteur (1997)

John Kenneth Galbraith who was born in 1908, is the Paul M. Warburg Professor of Economics Emeritus at Harvard University and a past president of the American Academy of Arts and Letters. He is the distinguished author of thirty-one books spanning three decades, including The Affluent Society, The Good Society, and The Great Crash. He has been awarded honorary degrees from Harvard, Oxford, the University of Paris, and Moscow University, and in 1997 he was inducted into the Order of Canada and received the Robert F. Kennedy Book Award for Lifetime Achievement. In 2000, at a White House ceremony, he was given the Presidential Medal of Freedom. He lives in Cambridge, Massachusetts.

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