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A Short History of Financial Euphoria : Penguin business - John Kenneth Galbraith

A Short History of Financial Euphoria

Penguin business

Paperback Published: 1st July 1994
ISBN: 9780140238563
Number Of Pages: 128
For Ages: 18+ years old

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With all the financial know-how and experience of the wizards on Wall Street and elsewhere, how is it that the market still goes boom and bust? How can people be so willing to get caught up in the mania of speculation when history tells us that a collapse is almost sure to follow? In this primer, the renowned economist John Kenneth Galbraith reviews the major speculative episodes of the last three centuries - from the 17th century tulip craze to the calamitous junk-bond follies of the 1980s. His insights provide important lessons on speculative economics, and demonstrate conclusively that money and intelligence are not necessarily linked.

The speculative episode; the common denominators; the classic cases I - the tulipomania, John Law and the Banque Royale; The classic cases II - the bubble; the American tradition; 1929; October redux; reprise.

ISBN: 9780140238563
ISBN-10: 0140238565
Series: Penguin business
Audience: General
For Ages: 18+ years old
Format: Paperback
Language: English
Number Of Pages: 128
Published: 1st July 1994
Publisher: Penguin Books Ltd
Country of Publication: GB
Dimensions (cm): 20.32 x 13.34  x 1.27
Weight (kg): 0.09

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