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55209
The Great Crash 1929: John Kenneth Galbraiths Classic Economic History of Stock Market Speculation
85% of respondents would recommend this to a friend
Item #:
55209
MWK 51221
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What Stands Out
Historical Insight
This book offers an in-depth analysis of the 1929 stock market crash, providing valuable lessons on financial instability that resonate with today's economic uncertainties.
Comprehensive Research
Featuring extensive research and firsthand accounts, it delves into the causes and effects of the Great Crash, making it a must-read for historians and finance enthusiasts alike.
Accessible Format
The paperback format allows for easy reading and annotation, making it an ideal choice for students and casual readers who wish to understand this pivotal moment in economic history.
Product Details
- 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.
| Publisher | Harper Business |
| Publication date | September 10, 2009 |
| Edition | Reprint |
| Language | English |
| Print length | 224 pages |
| ISBN-10 | 0547248164 |
| ISBN-13 | 978-0547248165 |
| Item Weight | 2.31 pounds (1.05 kg) |
| Dimensions | 5.5 x 0.55 x 8.25 inches (14 x 1.4 x 21 cm) |
Who Should Buy?
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History Enthusiasts
Individuals passionate about economic history and the events that shaped the 20th century will gain valuable insights.
-
Students of Economics
Students studying economic theories and market behaviors can benefit from real-world examples and analyses provided in this book.
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Investors and Analysts
Investors looking to understand past market crashes can glean important lessons to avoid future financial pitfalls.
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Casual Readers
Those looking for light or entertainment reading might find the subject matter too dense and unengaging.
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Economic Conditions Editorial Review
The Great Crash 1929: John Kenneth Galbraiths Classic Economic History of Stock Market Speculation is an insightful exploration of the lead-up to the catastrophic market crash. Galbraith's narrative style makes the book engaging and accessible, blending economic analysis with vivid anecdotes from the period. Readers find that the discussions on financial leverage and public sentiment are particularly relevant today, as parallels are drawn between the 1929 crash and the 2008 financial crisis. This classic work not only describes the dynamics of the market during the Great Depression but also offers a timeless warning about the cycles of speculation and financial irresponsibility that can ensnare both investors and public officials alike.
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Pros
- Engaging narrative interweaving economic and historical context
- Vivid anecdotes enhance understanding of the 1929 era
- Timeless lessons applicable to modern financial crises
- Gripping account with a journalistic flair
- Insightful commentary on market speculation dynamics
Cons
- Some may find the economic concepts challenging to grasp
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