The Great Crash, 1929

John Kenneth Galbraith

Houghton Mifflin Harcourt, 1997 - Business & Economics - 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.

What people are saying

Excellent recap

User Review  - 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.

User Review -

I just think the movie quicksilver with Kevin bacon...looks like a good read.

Contents

• 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

About the author

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.

Bibliographic information

• Title: The Great Crash, 1929; A Mariner book
• Author: John Kenneth Galbraith
• Contributor: John Kenneth Galbraith
• Edition: reprint, revised
• Publisher: Houghton Mifflin Harcourt, 1997
• ISBN: 0395859999, 9780395859995
• Length: 206 pages
• Subjects: Business & Economics / Economic History