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John Kenneth Galbraith
ISBN: 9780140238563
Format: Paperback
Publisher:Penguin Books Ltd
Edition: Reissue
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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".
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.
| ISBN | 0140238565 | | Pages | 128 | | ISBN13 | 9780140238563
(What's this?) | | Volumes | 1 | | Publisher | Penguin Books Ltd | | Weight (grammes) | 119 | | Imprint | Penguin Books Ltd | | Published in | London | | Format | Paperback | | Series title | Penguin business | | Publication date | 29 Sep 1994 | | Height (mm) | 198 | | Non-book description | xii, 113 p. | | Width (mm) | 128 | | Library of Congress | HG4528.G35 | | Spine width (mm) | 8 | | DEWEY | 332.609 | | Academic level | Undergraduate, General | | DEWEY edition | DC20 | |
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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.
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