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A Short History of Financial Euphoria By John Kenneth Galbraith

A Short History of Financial Euphoria
by John Kenneth Galbraith

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£5.49
Reviews the major speculative episodes of the last three centuries, providing important lessons on speculative economics through the author's insights. John Kenneth Galbraith is the author of "The Affluent Society", "Almost Everyone's Guide to Economics" and "The Culture of Contentment".
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A Short History of Financial Euphoria Summary


A Short History of Financial Euphoria by John Kenneth Galbraith

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.

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About John Kenneth Galbraith


John Kenneth Galbraith was born in 1908 in Ontario, Canada. He earned a PhD at the University of California in 1934 and later took a fellowship at Cambridge, where he first encountered Keynesian economics. At different points in his life he taught at both Harvard and Princeton, and wrote more than forty books on an array of economic topics. During World War II he served as deputy head of the Office of Price Administration, charged with preventing inflation from crippling the war efforts, and also served as the US Ambassador to India during the Kennedy administration. He passed away in 2006.

Table of Contents


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.

Additional information

GOR001415117
A Short History of Financial Euphoria by John Kenneth Galbraith
John Kenneth Galbraith
Used - Very Good
Paperback
Penguin Books Ltd
1994-09-29
128
0140238565
9780140238563
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.