John Kenneth Galbraith
What’s inside
John Kenneth Galbraith’s ‘The Great Crash 1929’ examines the causes and consequences of the 1929 stock market crash. It explores the speculative boom and its inevitable collapse, offering insights into the economic and social dynamics of the time.
You’ll Learn
- Understanding of economic bubble dynamics
- Insights into the impact of market speculation
- Historical perspective on financial crises
- Appreciation for the importance of financial regulation
Key Points
- The speculative boom of the late 1920s
- The role of banks and investment trusts
- The onset of the crash and Black Thursday
- Economic and social impact of the crash
- Government response and lack of regulation
- Comparison with modern financial crises
- Lessons learned and ignored from 1929
Who’s it For
- Students of economics
- History enthusiasts
- Investors
- Anyone interested in financial markets
About the author
John Kenneth Galbraith was an influential Canadian-American economist, public official, and diplomat known for his sharp wit and insightful economic analyses.