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Description
Thursday, October 24: the Wall Street Stock Exchange crashes, the greatest economic crisis of the 20th century suddenly breaks out. Fueled by frenetic speculation, and by the idea that everyone can get rich without limits, it puts a final stop to the euphoria of the 1920s. America is then caught in a devastating cycle which spreads around the world a few months later like a malign infection. Calling on renowned historians and economists, such as Joseph...
Author
Description
"The first major history of the Crash in over a decade, Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe." "The book offers a picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley...
Author
Description
"Speculation--an economic reality for centuries--is a hallmark of the modern U.S. 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...
Author
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Description
With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers portraits of four men--Montagu Norman, Amile Hilaire Emile Moreau, Hjalmar Horace Greeley Schacht, and Benjamin Strong--whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century.
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