The Great Crash 1929

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Houghton Mifflin Harcourt, 2009 - Business & Economics - 206 pages

The classic examination of the 1929 financial collapse, with an introduction by economist James K. Galbraith

Of John Kenneth Galbraith's The Great Crash 1929, 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." Originally published in 1955, Galbraith's book became an instant bestseller, and in the years since its release it has become the unparalleled point of reference for readers looking to understand American financial history.

 

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LibraryThing Review

User Review  - EricCostello - LibraryThing

This was a re-re-reading of the book. The positives of the book are a cogent analysis (toward the end) of the factors that could have led to the 1929 stock market crash, including problems with supply ... Read full review

LibraryThing Review

User Review  - breic - LibraryThing

Short and interesting story, focused on the stock market boom and crash. He tries to understand the reasons for both, but maybe there are not enough comparisons to other speculative booms for his ... Read full review

Contents

Vision and Boundless Hope and Optimism
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
Copyright

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About the author (2009)

John Kenneth Galbraith (1908-2006) was a critically acclaimed author and one of America's foremost economists. His most famous works include The Affluent Society, The Good Society, and The Great Crash. Galbraith was the receipient of the Order of Canada and the Robert F. Kennedy Book Award for Lifetime Achievement, and he was twice awarded the Presidential Medal of Freedom. James K. Galbraith is the author of seven books, including The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too. He holds the Lloyd M. Bentsen, Jr., Chair in Government / Business Relations at the LBJ School of Public Affairs at the University of Texas at Austin.

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