A Short History of Financial Euphoria
Title | A Short History of Financial Euphoria PDF eBook |
Author | John Kenneth Galbraith |
Publisher | Penguin |
Pages | 130 |
Release | 1994-07-01 |
Genre | Business & Economics |
ISBN | 110165080X |
The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds." —The Atlantic. With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our "notoriously short" financial memory is what creates the conditions for market collapse. By recognizing these signs and understanding what causes them we can guard against future recessions and have a better hold on our country's (and our own) financial destiny.
A Short History of Financial Euphoria
Title | A Short History of Financial Euphoria PDF eBook |
Author | John Kenneth Galbraith |
Publisher | |
Pages | 113 |
Release | 1993 |
Genre | Speculation |
ISBN |
Summary of John Kenneth Galbraith's A Short History of Financial Euphoria
Title | Summary of John Kenneth Galbraith's A Short History of Financial Euphoria PDF eBook |
Author | Everest Media, |
Publisher | Everest Media LLC |
Pages | 18 |
Release | 2022-07-22T22:59:00Z |
Genre | Business & Economics |
ISBN |
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The free-enterprise economy is prone to episodes of speculation. These involve bank notes, securities, real estate, art, and other assets or objects. The more obvious features of the speculative episode are clear to anyone open to understanding. #2 The mass psychology of the speculative mood is difficult to understand, but it is clear that it allows those who are affected by it to save themselves from disaster. The saved will be the exception to a very broad and binding rule. #3 The condemnation of those who express doubt or dissent is strong, and they are often called obsolete, incapable of grasping the new and rewarding circumstances, or even deeply suspect. #4 The euphoric episode is protected and sustained by the will of those who are involved, to justify the circumstances that are making them rich. And it is equally protected by the will to ignore, exorcise, or condemn those who express doubts.
Don't Fall For It
Title | Don't Fall For It PDF eBook |
Author | Ben Carlson |
Publisher | John Wiley & Sons |
Pages | 198 |
Release | 2020-01-02 |
Genre | Business & Economics |
ISBN | 1119605164 |
Learn financial and business lessons from some of the biggest frauds in history Why does financial fraud persist? History is full of sensational financial frauds and scams. Enron was forced to declare bankruptcy after allegations of massive accounting fraud, wiping out $78 billion in stock market value. Bernie Madoff, the largest individual fraudster in history, built a $65 billion Ponzi scheme that ultimately resulted in his being sentenced to 150 years in prison. People from all walks of life have been scammed out of their money: French and British nobility looking to get rich quickly, farmers looking for a miracle cure for their health ailments, several professional athletes, and some of Hollywood’s biggest stars. No one is immune from getting deceived when money is involved. Don’t Fall For It is a fascinating look into some of the biggest financial frauds and scams ever. This compelling book explores specific instances of financial fraud as well as some of the most successful charlatans and hucksters of all-time. Sharing lessons that apply to business, money management, and investing, author Ben Carlson answers questions such as: Why do even the most intelligent among us get taken advantage of in financial scams? What make fraudsters successful? Why is it often harder to stay rich than to get rich? Each chapter in examines different frauds, perpetrators, or victims of scams. These real-life stories include anecdotes about how these frauds were carried out and discussions of what can be learned from these events. This engaging book: Explores the business and financial lessons drawn from some of history’s biggest frauds Describes the conditions under which fraud tends to work best Explains how people can avoid being scammed out of their money Suggests practical steps to reduce financial fraud in the future Don’t Fall For It: A Short History of Financial Scams is filled with engrossing real-life stories and valuable insights, written for finance professionals, investors, and general interest readers alike.
Money
Title | Money PDF eBook |
Author | John Kenneth Galbraith |
Publisher | Princeton University Press |
Pages | 390 |
Release | 2017-08-29 |
Genre | Business & Economics |
ISBN | 0691171661 |
Money is nothing more than what is commonly exchanged for goods or services, so why has understanding it become so complicated? In Money, renowned economist John Kenneth Galbraith cuts through the confusions surrounding the subject to present a compelling and accessible account of a topic that affects us all. He tells the fascinating story of money, the key factors that shaped its development, and the lessons that can be learned from its history. He describes the creation and evolution of monetary systems and explains how finance, credit, and banks work in the global economy. Galbraith also shows that, when it comes to money, nothing is truly new—least of all inflation and fraud.
A Short History of Euphoria Financial
Title | A Short History of Euphoria Financial PDF eBook |
Author | John Kenneth Galbraith |
Publisher | |
Pages | |
Release | 1995-07-01 |
Genre | |
ISBN | 9780517152935 |
The Great Crash, 1929
Title | The Great Crash, 1929 PDF eBook |
Author | John Kenneth Galbraith |
Publisher | |
Pages | 248 |
Release | 1961 |
Genre | Depressions |
ISBN |
John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.