Galbraith, John Kenneth
A Short History of Financial Euphoria (Penguin Business)
- ISBN 13:
- 9780140238563
- author:
- Galbraith, John Kenneth
- format:
- Paperback
- publisher:
- Penguin Books Ltd
- language:
- English
- Publication Year:
- 1994
- Pages:
- 128
- Dimensions:
- 127 mm X 197 mm
- Genre:
- Investment & securities
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
A Short History of Financial Euphoria by John Kenneth Galbraith
This insightful analysis explores the major speculative episodes in the economy over the last three centuries, from the tulip craze of the 17th century to the recent junk bond phenomenon.
Galbraith reveals how normally sane individuals can display reckless behavior in pursuit of profit, and how our short financial memory can create conditions for market collapse. By understanding these patterns, we can better guard against future recessions and take control of our financial destiny.