John Kenneth Galbraith`s now-classic account of the 1929 stock market collapse, ” The Great Crash” remains the definitive book on the most disastrous cycle of boom & bust in modern times. ” The Great Crash 1929” examines the causes, effects, aftermath & long-term consequences of America`s infamous financial meltdown, showing how rampant speculation & blind optimism sustained a market mania, & led to its terrible downward spiral. Galbraith also describes the people & the corporations at the heart of the financial community, & how they were affected by the disaster. With its depiction of the `gold-rush fantasy` ingrained in America`s psychology, this penetrating study of human greed & folly contains lessons that are still vital today
- & are now more relevant than ever. ” Lively & highly readable”. (” Financial Times”). ” Galbraith is a considerable writer
- admonitory, ironic, patrician, funny”. (” Guardian”). ” The definitive work on the subject”. (” Daily Mail”). ”A book you will read at a single sitting”. (” Prospect”). ” One of the most engrossing books I have ever read”. (” Daily Telegraph”). John Kenneth Galbraith (1908-2006) was a Canadian-American economist.A Keynesian & an institutionalist, Galbraith was a leading proponent of 20th-century American liberalism & progressivism. Galbraith was the author of 30 books, including ” The Economics of Innocent Fraud”, ” The Great Crash: 1929”, & ”A History of Economics”.