A Short History of Financial Euphoria

by John Kenneth Galbraith Narrated by Liam Gerrard

Overview

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.



With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our "notoriously short" financial memory is what creates the conditions for market collapse. By recognizing these signs and understanding what causes them we can guard against future recessions and have a better hold on our country's (and our own) financial destiny.

Editorial Reviews

Booknews

A "hymn of caution" (the author's words) originally published in 1990 by Whittle Books--and still in print--as part of the Larger Agenda Series. Reprinted here with a new foreword. In this small (5.75x8.75"), slim book, its brevity compelling attention, the eminent economist chronicles the histories of several great speculative periods of the last three centuries, discussing their sad aftermaths and analyzing the peculiar pitfalls of get-rich-quick schemes. No index. Annotation c. Book News, Inc., Portland, OR (booknews.com)

From the Publisher

"Galbraith's long historical view is refreshing ... Easily read and enterraining." —Washington Post Book World

Product Details

BN ID:	2940175388849
Publisher:	Tantor Audio
Publication date:	07/19/2022
Edition description:	Unabridged

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