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The Great Crash 1929
The Great Crash 1929
Sep 22, 2024 5:29 AM

Author:John Kenneth Galbraith,James K. Galbraith

The Great Crash 1929

'One of the most engrossing books I have ever read' Daily Telegraph

John Kenneth Galbraith's now-classic account of the 1929 stock market collapse remains the definitive book on the most disastrous cycle of boom and bust in modern times.

Vividly depicting the causes, effects, aftermath and long-term consequences of financial meltdown, Galbraith also describes the people and the corporations who were affected by the catastrophe. With its depiction of the 'gold-rush fantasy' ingrained in America's psychology, The Great Crash 1929 remains a penetrating study of human greed and folly.

Reviews

This is a cogently argued examination of how the British legal system ignores, downgrades, underrates and discriminates against women-Kennedy has properly argued that a profession that practises law and pursues justice must be seen to be just, reasonable, unprejudiced, and open to public scrutiny. Bravissima!

—— Julia Neuberger , Sunday Times

A powerful and authoritative polemic-brave, forceful and eloquent. It may even change things

—— Sunday Telegraph

A powerful and authoritative polemic-Kennedy cites precedents and incontrovertible evidence to show how a 'web of prejudice, privilege and misinformation affects women' in all their dealings with the law-brave, forceful and eloquent. It may even change things

—— Jessica Mann , Sunday Telegraph

Superb ... It is tremendous fun, tremendously told. There is a lot to take from it - about the inertia of the US civil service, about the "malignant obedience" of middle managers, about how people fearful of the pandemic were treated with the "wary indulgence of the sane in the presence of the fanatic" ... Among those truths, in a familiar lesson for much of the world this year, is the danger of hubris.

—— Tom Whipple , The Times

A gripping story ... This is a book about some brave, curious people who tried hard to swim against the tide. As always in a Lewis book they are brought vividly alive ... Lewis is a master of his form.

—— Christina Patterson , The Sunday Times

A fluid intellectual thriller ... As always with Lewis, the book is full of fascinating facts and personal angles.

—— Steven Poole , Daily Telegraph Books of the Year 2021

[Reading The Premonition] we see a disturbing common trait emerging in our country and others: the unwillingness to prioritise people's lives over ideas and ingrained structures.

—— Kazuo Ishiguro , Observer Books of the Year 2021

It is hard to think of a writer who has had more success than Michael Lewis at turning forbiddingly complex situations into propulsive nonfiction narratives ... Without his ever having to spell it out, Lewis's message comes across very powerfully: the US government, in its institutional dysfunction, is in danger of abandoning its citizens to a private sector that is even less equipped to deal with large-scale disasters such as Covid.

—— Mark O’Connell , The Guardian

When an ailing video games retailer saw its shares soar into the stratosphere for no reason other than that newbie traders wanted to put one over on arrogant hedge funds, it was hard not to cheer David's felling of Goliath. But in this meticulous examination of the Gamestop saga, Spencer Jakab reminds us of a simple truth - the house, or in this case Wall Street, always wins in the end.

—— Rory Cellan-Jones, former BBC technology correspondent

Thrumming narrative ... Anybody who buys and sells stocks, and anyone who "invests" in anything old or new, should read this book.

—— Los Angeles Times
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