Crash!

How the Economic Boom and Bust of the 1920s Worked

Nonfiction, History, Americas, United States, Social & Cultural Studies, Political Science
Cover of the book Crash! by Phillip G. Payne, Johns Hopkins University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Phillip G. Payne ISBN: 9781421418575
Publisher: Johns Hopkins University Press Publication: December 1, 2015
Imprint: Language: English
Author: Phillip G. Payne
ISBN: 9781421418575
Publisher: Johns Hopkins University Press
Publication: December 1, 2015
Imprint:
Language: English

Speculation—an economic reality for centuries—is a hallmark of the modern U.S. economy. But how does speculation work? Is it really caused, as some insist, by popular delusions and the madness of crowds, or do failed regulations play a greater part? And why is it that investors never seem to learn the lessons of past speculative bubbles? Crash! explores these questions by examining the rise and fall of the American economy in the 1920s.

Phillip G. Payne frames the story of the 1929 stock market crash within the booming New Era economy of the 1920s and the bust of the Great Depression. Taking into account the emotional drivers of the consumer market, he offers a clear, concise explanation of speculation's complex role in creating one of the greatest financial panics in U. S. history.

Crash! explains how postWorld War I changes in the global financial markets transformed the world economy, examines the role of boosters and politicians in promoting speculation, and describes in detail the disastrous aftermath of the 1929 panic. Payne's book will help students recognize the telltale signs of bubbles and busts, so that they may become savvier consumers and investors.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Speculation—an economic reality for centuries—is a hallmark of the modern U.S. economy. But how does speculation work? Is it really caused, as some insist, by popular delusions and the madness of crowds, or do failed regulations play a greater part? And why is it that investors never seem to learn the lessons of past speculative bubbles? Crash! explores these questions by examining the rise and fall of the American economy in the 1920s.

Phillip G. Payne frames the story of the 1929 stock market crash within the booming New Era economy of the 1920s and the bust of the Great Depression. Taking into account the emotional drivers of the consumer market, he offers a clear, concise explanation of speculation's complex role in creating one of the greatest financial panics in U. S. history.

Crash! explains how postWorld War I changes in the global financial markets transformed the world economy, examines the role of boosters and politicians in promoting speculation, and describes in detail the disastrous aftermath of the 1929 panic. Payne's book will help students recognize the telltale signs of bubbles and busts, so that they may become savvier consumers and investors.

More books from Johns Hopkins University Press

Cover of the book Shadow Traffic by Phillip G. Payne
Cover of the book Liberation Technology by Phillip G. Payne
Cover of the book A Parent's Guide to Children's Medicines by Phillip G. Payne
Cover of the book Pennsylvania Dutch by Phillip G. Payne
Cover of the book Travels through American History in the Mid-Atlantic by Phillip G. Payne
Cover of the book One Health and the Politics of Antimicrobial Resistance by Phillip G. Payne
Cover of the book Isaac Beeckman on Matter and Motion by Phillip G. Payne
Cover of the book Let There Be Enlightenment by Phillip G. Payne
Cover of the book On Our Minds by Phillip G. Payne
Cover of the book The Transformation of Governance by Phillip G. Payne
Cover of the book The Practice of Satire in England, 1658–1770 by Phillip G. Payne
Cover of the book The Coming of Democracy by Phillip G. Payne
Cover of the book Sounding Imperial by Phillip G. Payne
Cover of the book User Unfriendly by Phillip G. Payne
Cover of the book Maryland in Black and White by Phillip G. Payne
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy