A Short History Of Financial Euphoria

Paperback | July 1, 1994

byJohn Kenneth Galbraith

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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.

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From Our Editors

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 ...

From the Publisher

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.

John Kenneth Galbraith was born in 1908 in Ontario, Canada. He earned a PhD at the University of California in 1934 and later took a fellowship at Cambridge, where he first encountered Keynesian economics. At different points in his life he taught at both Harvard and Princeton, and wrote more than forty books on an array of economic to...

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Format:PaperbackPublished:July 1, 1994Publisher:Penguin Publishing Group

The following ISBNs are associated with this title:

ISBN - 10:0140238565

ISBN - 13:9780140238563

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Customer Reviews of A Short History Of Financial Euphoria

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Rated 5 out of 5 by from Classic Galbraith. The writing is clear, concise and often caustic. The common theme in all the financial crashes has been greed and baseless speculation. Galbraith shows that people have not learned from previous cycles of boom and bust; he does not expect that most will ever learn. Although he died before the last (2008) crash, all of his arguments and descriptions would have applied fully.
Date published: 2014-02-06
Rated 5 out of 5 by from Short History of Financial Euphoria As ever, Galbraith is clear, concise and persuasive: an Erasmus for our times. Episodes of financial euphoria and their harsh consequences are a so-far inescapable consequence of capitalism. Read and, if not weep, at least sigh at our recidivist follies.
Date published: 2014-01-26

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From Our Editors

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