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World-renowned economist Galbraith, the bestselling author of The Affluent Society, reviews great speculative booms of the last three centuries, ...Show synopsisWorld-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 lessons of history can help us avoid financial calamity. "Entertaining in its instructiveness".--The Boston Globe.Hide synopsis
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Helpful in understanding the current financial crisis. More proof that if one doesn't learn from history one is doomed to repeat it.
Taking Gailbreths ideological bent, an odd and unexpected theme showed up. There was a strong caveat emptor and blame the victim point of view expressed.
An excellent presentation of the ups and downs of the capitalistic system Well ahead of the today crisis. it could have been written yesterday, after the crisis, with the same value. But it is a 10 years old or more book.
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