🎉   Please check out our new website over at books-etc.com.

Seller
Your price
£11.29
RRP: £18.50
Save £7.21 (39%)
Dispatched within 2-3 working days.

Crash!

How the Economic Boom and Bust of the 1920s Worked. How Things Worked

By (author) Phillip G. Payne
Format: Paperback / softback
Publisher: Johns Hopkins University Press, Baltimore, MD, United States
Published: 26th Jan 2016
Dimensions: w 152mm h 229mm d 10mm
Weight: 227g
ISBN-10: 1421418568
ISBN-13: 9781421418568
Barcode No: 9781421418568
Trade or Institutional customer? Contact us about large order quotes.
Synopsis
Speculation - an economic reality for centuries-is a hallmark of the modern US economy. But how does speculation work? Is it really caused, as some insist, by popular delusions and the madness of crowds, or do failed regulations play a greater part? And why is it that investors never seem to learn the lessons of past speculative bubbles? Crash! explores these questions by examining the rise and fall of the American economy in the 1920s. Phillip G Payne frames the story of the 1929 stock market crash within the booming New Era economy of the 1920s and the bust of the Great Depression. Taking into account the emotional drivers of the consumer market, he offers a clear, concise explanation of speculation's complex role in creating one of the greatest financial panics in US history. Crash! explains how post-World War I changes in the global financial markets transformed the world economy, examines the role of boosters and politicians in promoting speculation, and describes in detail the disastrous aftermath of the 1929 panic. Payne's book will help students recognize the telltale signs of bubbles and busts, so that they may become savvier consumers and investors.

New & Used

Seller Information Condition Price
-New£11.29
+ FREE UK P & P

What Reviewers Are Saying

Submit your review
Newspapers & Magazines
Comparing favorably with works by John Kenneth Galbraith, Frederick Lewis Allen, and Maury Klein, Crash! is an invaluable resource for students of history as well as economics. Essential. Choice