The Great Crash 1929
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Brian Troxell
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 day. By day explanations
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br /><g If you’re familiar with Galbraith, you know he was the consummate American Keynesian economist. He was at the forefront of the next generation that picked up the mantle left by Lord p in the USA via Harvard U.
In turn, JKB influenced untold numbers of Keynes’ adherents in and out of governmental beach club mini write by mm hi hi ty from FDR through LBJ’s Great Society.
Seminal history of 1929 market failure by JK Galbraith.
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The discussion
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I read it hoping to better understand the signs of financial frenzies and speculative bubbles, and it delivered. Galbraith’s sharp analysis and historical perspective make this a valuable read for any investor or student of the markets looking to spot irrational exuberance before it peaks. A timeless classic that still feels relevant today.
A Classic on Financial Bubbles
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Crash of 1929
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