Howard MarksInvestor and writer · Oaktree Capital Management
”That has been very inspirational for me.”
A Short History of Euphoria Financial
John Kenneth Galbraith · 1990 · 109 pages
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About the book
Economist John Kenneth Galbraith dissects the repetitive cycles of speculative bubbles throughout economic history, from Dutch tulips to Wall Street crashes. With wit and elegance, he demonstrates how collective illusion and exaggerated optimism regularly lead societies to financial collapse.
A concise and perceptive essay that reveals the psychological dynamics behind economic crises, offering timeless wisdom about greed, hope and risk.
Book details
| Author | John Kenneth Galbraith |
|---|---|
| Original title | A Short History of Financial Euphoria |
| Year of publication | 1990 |
| Pages | 109 |
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