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.
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.
Download or read book The Great Crash 1929 written by John Kenneth Galbraith and published by Houghton Mifflin Harcourt. This book was released on 2009 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic examination of the 1929 financial collapse, with an introduction by economist James K. Galbraith Of John Kenneth Galbraith's The Great Crash 1929, the Atlantic Monthly said: "Economic writings are seldom notable for their entertainment value, but this book is. Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community." Originally published in 1955, Galbraith's book became an instant bestseller, and in the years since its release it has become the unparalleled point of reference for readers looking to understand American financial history."
Download or read book The Causes of the 1929 Stock Market Crash written by Harold Bierman and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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.
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.
Download or read book The Stock Market Crash of 1929 written by Mary Gow and published by Enslow Publishing. This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The day of October 24, 1929, will be forever remembered as "Black Thursday." On this day, stock prices plummeted. By the following Tuesday, Wall Street had suffered the worst stock market crash in history, changing the lives of millions of Americans. Fortunes and life savings were wiped out. People's confidence in business was shattered. After the crash, weaknesses that were already present in the U. S. economy raced out of control. Unemployment soared. Factories and stores closed. Poverty and despair settled over millions of Americans. The stock market crash of 1929 marked the end of a decade of prosperity as the nation found itself swept into the Great Depression. In The Stock Market Crash of 1929: Dawn of the Great Depression, author Mary Gow captures this important period in U. S. history through firsthand accounts and quotes. Also examined are subsequent economic crises, up to the present day. Book jacket.
Download or read book Black Tuesday written by Barbara Silberdick Feinberg and published by . This book was released on 1995 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses events contributing to the stock market crash of 1929, the Great Depression that followed, and the steps that were taken to revive the nation.
Download or read book The Great 1929 Stock Market Crash written by Doug West and published by . This book was released on 2020-06-25 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decade after the First World War saw a period of growing prosperity and new freedoms for the average American. With help of clever bankers, brokers, and a supply of easy money the average man and woman found their path to wealth - the stock market. As moths are drawn to a flame, so were the gullible investors lured to the securities exchanges seeking to turn their pennies into dollars. For years the market just went up and up, and as the lyrics of the song of the time echoed, "Blue skies, Smiling at me, Nothing but blue skies, Do I see." By the end of the decade the cracks in the market and the teetering U.S. financial system would engulf the stock market, taking with it, billions of dollars and the hopes and dreams of so many Americans. As reported in the New York Times the crash came quickly, "It came with a speed and ferocity that left men dazed, The bottom simply fell out of the market..." Just as if a door closed and another one opened, America went from a time of exuberance to a time of despair - the Great Depression was unfolding, spreading misery in its wake. This is the story of the men and women that rode this wild stock market roller coaster and the changes that occurred in the market as a result.The book "The Great 1929 Stock Market Crash: A Short History" gives a concise look at the events leading up to the 1929 stock market crash and the aftermath. To illustrate the story there are numerous pictures of the people, places, and events that were part of this historic collapse. In addition the book contains: a list of reference books for further reading, a timeline of the market crash that puts the events and that period of history in sequence, and a section that contains short biographical sketches of the key individuals in the book. 30-Minute Book SeriesThis is the 46th book in the 30-Minute Book Series. Books in this series are fast-paced, accurate, and cover the story in as much detail as a short book possibly can. Most people complete each book in less than an hour, which makes the books in the series a perfect companion for your lunch hour, a school project, or a little down time
Download or read book The Stock Market Crash of 1929 written by Brenda Lange and published by Infobase Publishing. This book was released on 2007 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: On October 29, 1929, more than 16 million stock shares were sold at the New York Stock Exchange, and by the end of November investors had lost more than $100 billion in assets. This book looks at the events that helped usher one of the grimmest periods in American history.
Download or read book U S History written by P. Scott Corbett and published by . This book was released on 2024-09-10 with total page 1886 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. History is designed to meet the scope and sequence requirements of most introductory courses. The text provides a balanced approach to U.S. history, considering the people, events, and ideas that have shaped the United States from both the top down (politics, economics, diplomacy) and bottom up (eyewitness accounts, lived experience). U.S. History covers key forces that form the American experience, with particular attention to issues of race, class, and gender.
Download or read book The Role of the 1929 Stock Market Crash and other Factors that caused the Great Depression written by Dennis Sauert and published by GRIN Verlag. This book was released on 2010-09-23 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Economics - History, grade: 1.3, Berlin School of Economics and Law, language: English, abstract: Within macroeconomics, economists agree that there were a number of contributing factors that led to the Great Depression. However, most of the discussion is about what was responsible for the depth and the length of this economic event. In the four years starting in the summer of 1929 until 1933,financial markets and institutions, labor markets as well as international currency and goods markets had stopped functioning and it seemed that economic and monetary policy remained helpless in that period. To analyze the Great Depression, Friedman and Schwartz supply one of the most critical but popular explanations. They focus on the monetary policy of the Federal Reserve System (hereinafter Fed) of the United States(hereinafter U.S.) since the Fed allowed a severe contraction in money supply in the period of 1929 – 1933, even though the Federal Reserve Act of 1913 delegated monetary actions by the Fed to avoid such monetary contraction. Friedman and Schwartz claim that the severeness of monetary contraction resulted from the Fed’s passive response to the banking panics in the 1930s when the public increased sharply its demand for currency. However, they admit that the Fed conducted a successful policy during most of the 1920s until a “shift in power within the system and the lack of understanding and experience of those individuals to whom the power shifted” occurred. Herein, they point to the death of Benjamin Strong the Governor of the New York Federal Reserve Bank who had the sagacity and leadership to take measures that would have avoided the Great Depression. Thus, they maintain that monetary contraction in the period of 1929 – 1933 induced the Great Depression due to a misguided policy by the Fed that was eventually in authority for the downturn in economic activity.
Download or read book Rainbow s End written by Maury Klein and published by Oxford University Press. This book was released on 2003-05-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley Mitchell, head of the National City Bank, powerful financiers Jack Morgan and Jacob Schiff, Wall Street manipulators such as the legendary Jesse Livermore, and the lavish-living Billy Durant, founder of General Motors. As Klein follows the careers of these men, he shows us how the financial house of cards gradually grew taller, as the irrational exuberance of an earlier age gripped America and convinced us that the market would continue to rise forever. Then, in October 1929, came a "perfect storm"-like convergence of factors that shook Wall Street to its foundations. We relive Black Thursday, when police lined Wall Street, brokers grew hysterical, customers "bellowed like lunatics," and the ticker tape fell hours behind. This compelling history of the Crash--the first to follow the market closely for the two years leading up to the disaster--illuminates a major turning point in our history.
Download or read book Beating the Bear Lessons from the 1929 Crash Applied to Today s World written by Harold Bierman Jr. and published by ABC-CLIO. This book was released on 2010-07-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twice in the last century the usually stalwart economy of United States has crumbled—first in 1929, when the stock market crash that led to the Great Depression hit, and again with the financial market meltdown of 2008-2009 that is still crippling much of America. While it is still too soon to state unequivocally how this latest economic disaster came about, it is possible to theorize that much of what has happened could have been foreseen and even avoided—just as it could have been in 1929. This book accurately describes the economic situations in the United States before the 1929 and 2008-2009 stock market crashes, and carefully examines the causes of both financial crises. This comprehensive assessment of both time periods allows readers to better grasp the present market situation, understand the connection between the explosion of the sub-prime mortgage market and the current state of the economy, and more wisely forecast the future.
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 477 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.
Download or read book The Great Stock Market Crash of 1929 written by Doug West and published by . This book was released on 2020-06-25 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decade after the First World War saw a period of growing prosperity and new freedoms for the average American. With help of clever bankers, brokers, and a supply of easy money the average man and woman found their path to wealth - the stock market. As moths are drawn to a flame, so were the gullible investors lured to the securities exchanges seeking to turn their pennies into dollars. For years the market just went up and up, and as the lyrics of the song of the time echoed, "Blue skies, Smiling at me, Nothing but blue skies, Do I see." By the end of the decade the cracks in the market and the teetering U.S. financial system would engulf the stock market, taking with it, billions of dollars and the hopes and dreams of so many Americans. As reported in the New York Times the crash came quickly, "It came with a speed and ferocity that left men dazed, The bottom simply fell out of the market..." Just as if a door closed and another one opened, America went from a time of exuberance to a time of despair - the Great Depression was unfolding, spreading misery in its wake. This is the story of the men and women that rode this wild stock market roller coaster and the changes that occurred in the market as a result.The book "The Great 1929 Stock Market Crash: A Short History" gives a concise look at the events leading up to the 1929 stock market crash and the aftermath. To illustrate the story there are numerous pictures of the people, places, and events that were part of this historic collapse. In addition the book contains: a list of reference books for further reading, a timeline of the market crash that puts the events and that period of history in sequence, and a section that contains short biographical sketches of the key individuals in the book. 30-Minute Book SeriesThis is the 46th book in the 30-Minute Book Series. Books in this series are fast-paced, accurate, and cover the story in as much detail as a short book possibly can. Most people complete each book in less than an hour, which makes the books in the series a perfect companion for your lunch hour, a school project, or a little down time. About the AuthorDoug West is a retired engineer and an experienced non-fiction writer with several books to his credit. His writing interests are general, with special expertise in history, science, and biographies. Doug has a Ph.D. in General Engineering from Oklahoma State University.
