The Great Crash 1929

Product Details: 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.

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The Great Crash 1929

In Part I of this series, New Deal Democrat and I looked at the years 1929 - 1933. These years saw a decline of 25% in the chained GDP figures; a failure of 20% of commercial banks, a drop in personal income from $90 billion to $50 billion and a drop ...

The Great Depression, Pt. II - Huffingtonpost.com

Political pundits often draw comparisons between current events and the good (or bad) old days. Especially now. Last year's stock market rollercoaster seems to be a replica of the 1929 crash that led to the Great Depression of the 1930's. Furthermore ...

The New Deal Redux - Huffingtonpost.com

With the possible exception of the Civil War, no event has transformed American politics more fully than the Great Depression. From the stock market crash of 1929 through U.S. entry into World War II, the country’s economy floundered tragically ...

Remembering 'The Forgotten Man' - Reason.com

Panic: in economics, acute financial disturbance, such as widespread bank failures, feverish stock speculation followed by a market crash, or a climate of fear caused by economic crisis or the anticipation of such crisis. -- Britannica Online Make no ...