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Airship Books

The Great Crash, 1929 By John Kenneth Galbraith

The Great Crash, 1929 By John Kenneth Galbraith

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1961 trade paperback

Houghton Mifflin

Very good condition

 

The Great Crash, 1929 by John Kenneth Galbraith is a classic economic history detailing the 1929 stock market collapse, arguing it was caused by rampant speculation, excessive leverage, and a lack of government intervention despite clear warning signs. Published in 1955, the book explains how speculative fervor, fueled by easy credit and investment trusts, created an unsustainable bubble that burst, leading to the Great Depression. It's known for its clear, narrative style, focusing on human behavior and institutional weaknesses rather than complex charts, and remains relevant for its insights into recurring financial bubbles

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