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 ...
Read More
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.
Read Less
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good. Trade paperback (US). Glued binding. 128 p. May show signs of wear, highlighting, writing, and previous use. This item may be a former library book with typical markings. No guarantee on products that contain supplements Your satisfaction is 100% guaranteed. Twenty-five year bookseller with shipments to over fifty million happy customers.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fine. Trade paperback (US). Glued binding. 128 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Trade paperback (US). Glued binding. 128 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Book is in good condition and may include underlining highlighting and minimal wear. The book can also include From the library of labels. May not contain miscellaneous items toys dvds etc. We offer 100% money back guarantee and 24 7 customer service.
This book was written in 1993, before the euphorias of the 90's and aughts, so is not the "latest" but the author's theories and descriptions are completely relevant. He believes that recurrent speculative insanity & its aftermath are an inherent part of the system and should be recognized and accepted. The book is full of smiles & laughs: e.g., he points out that Donald Trump is never broke, he just has a negative net worth.
cdevans
Jul 23, 2009
Historical lessons
Helpful in understanding the current financial crisis. More proof that if one doesn't learn from history one is doomed to repeat it.
Taking Gailbreths ideological bent, an odd and unexpected theme showed up. There was a strong caveat emptor and blame the victim point of view expressed.
Progressives and Conservatives can both find this of interest.
Edursho
Nov 13, 2008
An excellent presentation of the ups and downs of the capitalistic system Well ahead of the today crisis. it could have been written yesterday, after the crisis, with the same value. But it is a 10 years old or more book.