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A Short History of Financial Euphoria
Contributor(s): Galbraith, John Kenneth (Author)

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ISBN: 0140238565     ISBN-13: 9780140238563
Publisher: Penguin Books
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Binding Type: Paperback - See All Available Formats & Editions
Published: July 1994
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Annotation: World-renowned economist Galbraith, the bestselling author of The Affluent Society, reviews great speculative booms of the last three centuries, including the junk-bond follies of the 1980s. With wisdom and wit, he shows how the lessons of history can help us avoid financial calamity. "Entertaining in its instructiveness".--The Boston Globe.
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
- Business & Economics | Economic History
Dewey: 332.645
Age Level: 18-UP
Grade Level: 13-UP
Physical Information: 0.4" H x 5" W x 7.6" L (0.20 lbs) 128 pages
Features: Price on Product
Review Citations: Publishers Weekly 06/13/1994
 
Descriptions, Reviews, Etc.
Publisher Description:
The world-renowned economist offers dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds. --The Atlantic.

With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our notoriously short financial memory is what creates the conditions for market collapse. By recognizing these signs and understanding what causes them we can guard against future recessions and have a better hold on our country's (and our own) financial destiny.

 
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