A Short History of Financial Euphoria 9780140238563 pdf 免费 地址 txt lrf 下载 kindle umd

With all the financial know-how and experience of the wizards on Wall Street and elsewhere, how is it that the market still goes boom and bust? How can people be so willing to get caught up in the mania of speculation when history tells us that a collapse is almost sure to follow? In this primer, the renowned economist John Kenneth Galbraith reviews the major speculative episodes of the last three centuries - from the 17th century tulip craze to the calamitous junk-bond follies of the 1980s. His insights provide important less*** on speculative economics, and *** conclusively that money and intelligence are not necessarily linked.

The speculative episode

the common denominators

the classic cases I - the tulipomania, John Law and the Banque Royale;

The classic cases II - the bubble

the American tradition

1929

October redux

reprise

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World-renowned economist Galbraith, the bestselling author of The Affluent Society, reviews great speculative booms of the last three centuries, including the junk-bond follies of the 1980s. With wisdom and wit, he shows how the less*** of history can hel

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With all the financial know-how and experience of the wizards on Wall Street and elsewhere, how is it that the market still goes boom and bust? How can people be so willing to get caught up in the mania of speculation when history tells us that a collapse is almost sure to follow? In this primer, the renowned economist John Kenneth Galbraith reviews the major speculative episodes of the last three centuries - from the 17th century tulip craze to the calamitous junk-bond follies of the 1980s. His insights provide important less*** on speculative economics, and *** conclusively that money and intelligence are not necessarily linked.