The Great Crash, 1929 by John Kenneth Galbraith
The book provides a detailed analysis of the economic factors and decisions that led to the Wall Street crash of 1929, which precipitated the Great Depression. It examines the speculative bubble that grew in the preceding years, driven by overly optimistic investments in the stock market, and the lack of regulation that allowed for rampant financial speculation. The author delves into the aftermath of the crash, exploring its profound effects on the economy and society, and critiques the responses of financial and political leaders. The narrative serves as both a historical account and a cautionary tale about the dangers of financial excess and the importance of regulatory oversight.
The 14094th greatest book of all time
- Published
- 1955
- Nationality
- Canadian
- Length
- Short
- Pages
- 224
- Original Language
- English
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- Alternate Titles
- None
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This book is on the following 3 lists:
- 1,000 Books to Read Before You Die: A Life-Changing List (1,000 Books to Read Before You Die(Book))
- 500 Must Read Books (The Daily Telegraph)
- The Well-Educated Mind (Book)