Book Reviews › Money › The Great Crash 1929
Honest review · Money
The Great Crash 1929
by John Kenneth Galbraith
A short, sardonic history of the 1929 bubble and crash, reissued every time markets froth. Readable in an evening.
Read it if…
you want to understand bubbles through the big one.
See the book →
Skip it if…
you want 2008; see Lords of Finance or The Big Short.
Try instead: Where Are the Customers' Yachts? →
Three things you will actually use
- Bubbles recur.
- Leverage magnifies.
- Memory is short.
Do this first
Read the chapter on the speculative mood.
Our verdict
1929 in brief.
See the book →
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