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portada A Short History of Financial Euphoria
Type
Physical Book
Publisher
Year
1994
Language
English
Pages
128
Format
Paperback
ISBN
0140238565
ISBN13
9780140238563

A Short History of Financial Euphoria

John Kenneth Galbraith (Author) · Penguin · Paperback

A Short History of Financial Euphoria - John Kenneth Galbraith

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Origin: U.S.A. (Import costs included in the price)
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Synopsis "A Short History of Financial Euphoria"

As markets and economies around the world face meltdown, one man can sit back and say "I told you so!". Galbraith looks at the sobering lessons from history in his witty essay A SHORT HISTORY OF FINANCIAL EUPHORIA. From "Tulipomania" in 1636 to Black Monday in 1987 and numerous examples in between, he illustrates the unbroken cycle of boom and bust which we are experiencing again today. How can people be so willing to get caught up in the mania of speculation when history tells us that a collapse is almost inevitable? In this wise essay, Galbraith reviews the major speculative episodes of the last three centuries, drawing important lessons on speculative economics and demonstrates that money and intelligence are not necessarily linked.

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