This paper reviews J. K. Galbraith's "The Great Crash", an analysis of the causes and consequences of the 1929 financial crash in America.
Written in 1990; 1,575 words; 1 sources; $ 55.95
From the Paper:
"The stock-market crash of 1929 was the single most dramatic event in the economic history of the United States, perhaps of the world. In a few days, not only did the New York Stock Exchange suffer a crash not to be matched for nearly six decades, but an era of economic expansion and prosperity came to an end, as the American and world economy slid slowly but steadily into the Great Depression. John Kenneth Galbraith, the dean of American liberal economists, originally wrote The Great Crash in 1955, less than halfway between the time of the crash itself and the present day. A classic narrative account of the process that led to the Crash, and of the events of the Crash itself, it was re-issued in 1988, almost unchanged in its text save for a new introduction by the author, in which he relates his account of 1929 to the events surrounding the stock crash of October, 1987."
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