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A Short History of Financial Euphoria (Penguin business)

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9780140238563: A Short History of Financial Euphoria (Penguin business)
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Language:Chinese.Paperback. Pub Date: 1994-7-1 Pages: 113 Publisher: Penguin With all the financial know-how and experience of the wizardson Wall Street and elsewhere. how is it that the market still goesboom and bust How can people be so willing to get caught up in themania of speculation when history tells us that a collapse isalmost sure to follow In this primer. the renowned economist JohnKenneth Galbraith reviews the major speculative episodes of thelast three centuries - from the 17th century tulip craze to thecalamitous junk-bond follies of the 1980s His insights provideimportant lessons on speculative economics. and demonstrateconclusively that money and intelligence are not necessarilylinked Contents:.. The speculative episodethe common denominatorsthe classic cases I - the tulipomania. John Law and the BanqueRoyale; The classic cases II - the bubblethe American tra...

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Synopsis:

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.

About the Author:

John Kenneth Galbraith was the Paul M. Warburg Professor of Economics Emeritus at Harvard University and was the US ambassador to India during the Kennedy administration. His works THE GREAT CRASH 1929, THE AFFLUENT SOCIETY, THE NEW INDUSTRIAL STATE, and ECONOMICS AND THE PUBLIC PURPOSE are landmarks of political and economic analysis.

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Other Popular Editions of the Same Title

9780670850280: A Short History of Financial Euphoria

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ISBN 10: 0670850284 ISBN 13: 9780670850280
Publisher: Viking, 1993
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9780962474552: A Short History of Financial Euphoria: Financial Genius is Before the Fall

Viking..., 1993
Hardcover

9780685707944: A Short History of Financial Euphoria[ A SHORT HISTORY OF FINANCIAL EUPHORIA ] By Galbraith, John Kenneth ( Author )Jul-01-1994 Paperback

Pengui..., 1994
Softcover

9780517152935: Short History of Euphoria Financial

Random..., 1995
Hardcover

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