The Great Crash 1929

John Kenneth Galbraith

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.

What people are saying

LibraryThing Review

User Review  - dasam - LibraryThing

Sad to see how much Galbraith's prediction came true: that collective amnesia could eventually lead to another boom and bust almost as bad as the 1929 crash.

LibraryThing Review

User Review  - jwood652 - LibraryThing

John Kenneth Galbraith does a good job of explaining the causes of the 1929 stock market crash and its repercussions. Financial matters always confuse me, so unfortunately, I still don't have a clear ...

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

About the author

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.

Bibliographic information

• Title: The Great Crash 1929; A Mariner book
• Author: John Kenneth Galbraith
• Edition: reprint
• Publisher: Houghton Mifflin Harcourt, 2009
• ISBN: 0547248164, 9780547248165
• Length: 206 pages
• Subjects: Business & Economics / Economic History; Business & Economics / Economics / Microeconomics; History / United States / 20th Century