Great Crash 1929

Name: Great Crash 1929
Rating: 3.769230769230769 (13 reviews)
Author: John Kenneth Galbraith
ISBN: 9780547248165

by John Kenneth Galbraith

3.8

(13 ratings)

224 pages1955Houghton Mifflin Harcourt Trade & Reference PublishersISBN 9780547248165

Classics

About this book

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."

Publication Details

Publisher: Houghton Mifflin Harcourt Trade & Reference Publishers
Published: 1955
Pages: 224
ISBN: 9780547248165
Language: en

About John Kenneth Galbraith

John Kenneth "Ken" Galbraith, OC was a Canadian and, later, American economist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. As an economist, he leaned toward Post-Keynesian economics from an institutional perspective. Galbraith was a long-time Harvard faculty member and stayed with Harvard University for half a century as a professor of economics. He was a prolific author and wrote four dozen books, including several novels, and published more than a thousand articles and essays on various subjects. - Source: Wikipedia