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Inhaltsangabe

With grace and wit, America's foremost economist examines the boom-and-bust that led to the stock market crash of 1929. Economic writings are rarely notable for their entertainment value, but this widely admired best-seller is the exception. Galbraith's light touch makes his expert analysis of America's greatest financial disaster a surprisingly engaging listen for anyone.
©1954 John Kenneth Galbraith (P)1992 Recorded Books, LLC

Kritikerstimmen

"Veteran narrator Nelson Runger captures the author's subtle humor and sarcasm well ... His energy and pacing carry the listener along in this detailed work." - Booklist

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great lesson

1929 has got its very own fascination, especially when measured against today in the aftermath of the GFC. It is truly amazing how little people learn from past mistakes while greed takes control of their brain. Think about this in the face of record high valuations in the stock market, historically low interest rates, record borrowing from corporations, extremely high margin debt... my prediction: there will soon be written another book with similar content reflecting on the insanity in the early 21st century. It enforces Mark Twain‘s famous words: history never repeats but it rhymes!