The Great Crash 1929

John Kenneth Galbraith

The book provides a detailed analysis of the factors leading to the stock market crash of 1929, exploring the speculative financial practices and economic policies of the time. It also examines the aftermath of the crash and its role as a precursor to the Great Depression, offering insights into the human and institutional behaviors that contributed to the financial catastrophe.

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A Short History of Financial Euphoria

John Kenneth Galbraith

The book analyzes the recurring patterns and psychology behind financial bubbles throughout history, illustrating how excessive optimism, herd behavior, and speculation lead to economic crises. It provides case studies of major financial euphoria events, such as the Tulip Mania and the 1929 stock market crash, to demonstrate the folly of investors who believe "this time is different."

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