A Short History of Financial Euphoria

By:

John Kenneth Galbraith

Format:

Paperback / softback

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A Short History of Financial Euphoria by John Kenneth Galbraith

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Description

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.

Author Biography:

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 topics. During World War II he served as deputy head of the Office of Price Administration, charged with preventing inflation from crippling the war efforts, and also served as the US Ambassador to India during the Kennedy administration. He passed away in 2006.

Release date NZ

July 1st, 1994

Author

John Kenneth Galbraith

Audiences

General (US: Trade)
Undergraduate

Pages

128

Dimensions

128x198x8

ISBN-13

9780140238563

Product ID

13753092

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