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John Kenneth Galbraith
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Binding
Hardback
Number of Pages
208
Age Group
All
Language
English
Book Summary
This is a rigorous non-fiction historical account of one of the defining moments in modern finance. Blending economic analysis with vivid portraits of investors, brokers, and institutions, it examines the causes, the immediate fallout, and the long-term consequences of the 1929 stock market collapse. Written for adults and students with an interest in economics, history, or finance, the tone is insightful, measured, and thought-provoking.
The content unfolds as documentary history: clear explanations of market dynamics, speculative fervor, and the policy and institutional responses of the era, interwoven with human-scale narratives. Readers are guided through a chronological arc that links ideas to consequences, making complex ideas accessible without oversimplifying.
The book distinguishes itself through its combination of macroeconomic analysis and intimate portraits of people and firms affected by the crash. It illuminates how a "gold-rush" mentality fed risk-taking and how external shocks interacted with fragile financial structures. The writing remains rigorous yet approachable, inviting readers to reflect on the behavior of markets and the forces that shape economic life.
After finishing, readers gain a grounded understanding of how financial crises unfold, a nuanced view of human behavior in markets, and practical insights that inform how we think about risk, governance, and economic resilience today. The work leaves a lasting impression of the fragility and resilience of economies and the value of studying the past to navigate present and future financial life.
Product Details
Author
John Kenneth Galbraith
Publisher
Penguin Random House
Number of Pages
208
Language
English
SKU
9780241468081
ISBN
9780241468081
Reading Age
All
Dimensions
13x1.3x19.9cm
Binding
Hardback
โน 499