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Synopsis

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.

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A Short History of Financial Euphoria
Average rating
5 / 5
February 6th, 2014
Classic Galbraith. The writing is clear, concise and often caustic. The common theme in all the financial crashes has been greed and baseless speculation. Galbraith shows that people have not learned from previous cycles of boom and bust; he does not expect that most will ever learn. Although he died before the last (2008) crash, all of his arguments and descriptions would have applied fully.
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2 reviews
Short History of Financial Euphoria
January 26th, 2014
As ever, Galbraith is clear, concise and persuasive: an Erasmus for our times. Episodes of financial euphoria and their harsh consequences are a so-far inescapable consequence of capitalism. Read and, if not weep, at least sigh at our recidivist follies.
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2 reviews

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