Il grande crollo

أعتقد أنه كتاب يهم المتخصصين أكثر من القراء الغير متخصصين .. يركز الكتاب على أسباب الانهيار الاقتصادى والكساد الكبير الذى ساد أوروبا وأمريكا فى العام 1929 ولكن من وجهة نظر وتحليل خبراء سوق البورصة الأمريكية أو ما يعرف بالوول ستريت .. وعليه فأنا كقارئ يضع دائماً التوقعات العظيمة ويعول على الكتاب من م Leggi tutto

An angry god may have endowed capitalism with inherent contradictions. But at least as an afterthought he was kind enough to make social reform surprisingly consistent with improved operation of the system. John Kenneth Galbraith in The Great Crash 1929 (Page 192) This book can be seen as an example Leggi tutto

I was going to give this a 4 star review until I got to the final chapter where Galbraith enumerates his ideas on the cause of the Great Crash and subsequent Great Depression. Galbraith: "... the economy was fundamentally unsound. Many things were wrong, but five weaknesses seem to have had an especi Leggi tutto

Shades of the Big Short! So interesting to see how financial creativity led to a perilous leverage of financial risk that eventually came tumbling down. Also interesting to me was to come Galbraith’s analysis of the causes of the ensuing Great Depression. As an economics student at UCLA in the 90’s Leggi tutto

I read half of this book before taking it back to the library. It has some good observations, but I found A Nation in Torment by Edward Ellis to be a better book. I suspect the reason why most talk-up this book and Galbraith in general is that he served in the FDR administration, was educated at Har Leggi tutto