The Causes Of The 1929 Stock Market Crash

Author : Harold Bierman Jr.
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313007993
Total Pages : 180 pages
Book Rating : 4.96/5 ( download)

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Download or read book The Causes of the 1929 Stock Market Crash written by Harold Bierman Jr. and published by Bloomsbury Publishing USA. This book was released on 1998-04-16 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempting to reveal the real causes of the 1929 stock market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overprices, reasonable explanations exist for the level and increase of all other securities stock prices. Indeed, if stocks were overpriced in 1929, then they more even more overpriced in the current era of staggering growth in stock prices and investment in securities. The causes of the 1929 crash, Bierman argues, lie in an unfavorable decision by the Massachusetts Department of Public Utilities coupled with the popular practice known as debt leverage in the 1920s corporate and investment arena. This book extends Bierman's argument in an earlier book, The Great Myths of 1929 and the Lessons to Be Learned (Greenwood, 1991), in which he discussed and refuted seven myths about 1929 but could not explain the crash. He now believes he has a reasonable explanation. He also examines the actions of Charles E. Mitchell and Sam Insull and their subsequent unjust criminal prosecution after the crash of the 1929 stock market.

Author : John Kenneth Galbraith
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.80/5 ( download)

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Download or read book The Great Crash, 1929 written by John Kenneth Galbraith and published by . This book was released on 1961 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.

Author : John Kenneth Galbraith
Publisher : Penguin Group
ISBN 13 : 9780241468081
Total Pages : 0 pages
Book Rating : 4.86/5 ( download)

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Download or read book The Great Crash 1929 written by John Kenneth Galbraith and published by Penguin Group. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: No account of the financial insanity of 1929 has been issued in a form at once so readable, so humorous, and so carefully authenticated as this classic book. J.K. Galbraith examines the 'gold rush fantasy' in American psychology and describes its dire consequences. The Florida land boom, the operations of Insull, Kreuger and Hatry, and the fabulous Shenandoah Corporation all come together in this penetrating study of concerted human greed and folly. From the cold figures of Wall Street the author wrenches a truly human drama.

Author : Karen Blumenthal
Publisher : Simon and Schuster
ISBN 13 : 1442488913
Total Pages : 160 pages
Book Rating : 4.15/5 ( download)

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Download or read book Six Days in October written by Karen Blumenthal and published by Simon and Schuster. This book was released on 2013-02-12 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over six terrifying, desperate days in October 1929, the fabulous fortune that Americans had built in stocks plunged with a fervor never seen before. At first, the drop seemed like a mistake, a mere glitch in the system. But as the decline gathered steam, so did the destruction. Over twenty-five billion dollars in individual wealth was lost, vanished, gone. People watched their dreams fade before their very eyes. Investing in the stock market would never be the same. Here, Wall Street Journal bureau chief Karen Blumenthal chronicles the six-day period that brought the country to its knees, from fascinating tales of key stock-market players, like Michael J. Meehan, an immigrant who started his career hustling cigars outside theaters and helped convince thousands to gamble their hard-earned money as never before, to riveting accounts of the power struggles between Wall Street and Washington, to poignant stories from those who lost their savings—and more—to the allure of stocks and the power of greed. For young readers living in an era of stock-market fascination, this engrossing account explains stock-market fundamentals while bringing to life the darkest days of the mammoth crash of 1929.

Author : Bernard C. Beaudreau
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527542033
Total Pages : 146 pages
Book Rating : 4.37/5 ( download)

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Download or read book The Stock Market Boom and Crash of 1929 Was Not a Bubble written by Bernard C. Beaudreau and published by Cambridge Scholars Publishing. This book was released on 2019-10-23 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the stock market crash of 1929, Yale University Economics Professor Irving Fisher remained steadfast in his view that the boom in prices had been warranted, pointing to the myriad innovations of the 1920s, including the introduction of the electric unit drive and utility-supplied power. Dismissed by most, this view has since given way to Alan Greenspan’s view of irrational exuberance. This book presents a series of contemporary and period writings which rehabilitate the fundamentals view, showing why Irving Fisher was right. Whereas Fisher was unable to provide a convincing narrative for the crash, these writings point to the Hoover Administration’s tariff initiative, the Smoot-Hawley Tariff Bill, as the key element which contributed to both the boom and the crash.

Author : Sabrina Crewe
Publisher : Gareth Stevens Publishing LLLP
ISBN 13 : 9780836834161
Total Pages : 36 pages
Book Rating : 4.6X/5 ( download)

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Download or read book The Stock Market Crash of 1929 written by Sabrina Crewe and published by Gareth Stevens Publishing LLLP. This book was released on 2004-12-15 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the stock market crash of 1929 and the following Great Depression, examining the causes of the crash, the impact on U.S. history, and people who influenced these events.

Author : Charles R. Morris
Publisher : PublicAffairs
ISBN 13 : 1610395352
Total Pages : 416 pages
Book Rating : 4.59/5 ( download)

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Download or read book A Rabble of Dead Money written by Charles R. Morris and published by PublicAffairs. This book was released on 2017-03-07 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Crash of 1929 profoundly disrupted the United States' confident march toward becoming the world's superpower. The breakneck growth of 1920s America--with its boom in automobiles, electricity, credit lines, radio, and movies--certainly presaged a serious recession by the decade's end, but not a depression. The totality of the collapse shocked the nation, and its duration scarred generations to come. In this lucid and fast-paced account of the cataclysm, award-winning writer Charles R. Morris pulls together the intricate threads of policy, ideology, international hatreds, and sheer individual cantankerousness that finally pushed the world economy over the brink and into a depression. While Morris anchors his narrative in the United States, he also fully investigates the poisonous political atmosphere of postwar Europe to reveal how treacherous the environment of the global economy was. It took heroic financial mismanagement, a glut-induced global collapse in agricultural prices, and a self-inflicted crash in world trade to cause the Great Depression. Deeply researched and vividly told, A Rabble of Dead Money anatomizes history's greatest economic catastrophe--while noting the uncanny echoes for the present.

Author : Marty Gitlin
Publisher : ABDO
ISBN 13 : 9781604530506
Total Pages : 116 pages
Book Rating : 4.02/5 ( download)

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Download or read book The 1929 Stock Market Crash written by Marty Gitlin and published by ABDO. This book was released on 2008-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the 1929 Stock Market Crash and how that event has sculpted societies, the sciences, and politics.

Author : Charles P. Kindleberger
Publisher : Univ of California Press
ISBN 13 : 9780520055926
Total Pages : 386 pages
Book Rating : 4.26/5 ( download)

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Download or read book The World in Depression, 1929-1939 written by Charles P. Kindleberger and published by Univ of California Press. This book was released on 1986-04-17 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far.”—John Kenneth Galbraith

Author : Herbert Hoover
Publisher :
ISBN 13 :
Total Pages : 448 pages
Book Rating : 4.54/5 ( download)

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Download or read book Addresses Upon the American Road written by Herbert Hoover and published by . This book was released on 1938 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: