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Jul 01, 1994 | ISBN 9780140238563 Buy
Jul 01, 1994 | ISBN 9781101650806 Buy
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Jul 01, 1994 | ISBN 9780140238563
Jul 01, 1994 | ISBN 9781101650806
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.
John Kenneth Galbraith was born in 1908 in Ontario, Canada. He earned a PhD at the University of California, Berkeley, in 1934 and later took a fellowship at Cambridge, where he first encountered Keynesian economics. At different points in his… More about John Kenneth Galbraith
“Galbraith’s long historical view is refreshing … Easily read and enterraining.” —Washington Post Book World
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