The Great Crash Lowest Price
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04th of September 2010
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The Great Crash review:
This work examines the ‘gold rush fantasy’ in American psychology and describes its dire consequences. The Florida land boom, the functionings of Insull, Kreuger and Hatry, and the Shandoah company all come together in Galbraith’s study of concerted human greed and folly.
Rampant speculation. Record trading volumes. Assets bought not because of their value but because the customer believes he can sell them for more in a day or two, or an hour or two. Welcome to the late 1920s. There are evident and complete parallels to the great bull market of the late 1990s, writes Galbraith in a new introduction dated 1997. Of course, Galbraith notes, every financial bubble since 1929 was in comparison to the Great Crash, which is why this book never been out of print since it became a bestseller in 1955.
Galbraith writes with great wit and erudition about the perilous actions of investors, and the inquisitive inaction of the government. He notes that the problem was not a shortage of securities to purchase and sell, “the ingenuity and zeal with which businesses were devised in which securities may be sold was as extraordinary as anything.” Those words become strikingly relevant in light of revenue negative start up businesses coming into the market each week in the 1990s, with fragmented pieces of established businesses, like real estate and bottling plants. Of course, the 1920s were different from the 1990s. There was no safety net below citizens, no unemployment insurance or Social Security. And today we do not have the creepy investment trusts in which shares of businesses that held many stocks and bonds were sold for some number of times the assets’ market value. But, boy, are the similarities spooky, especially the current trend at the time toward corporate mergers and business consolidations not to talk about all the partially informed people who imagined themselves to be financial geniuses because the shares of stock they bought kept going up. Lou Schuler
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September 1, 2008 at 6:36 pm
I think Costco may have free shipping
September 2, 2008 at 4:26 pm
saw the great crash reviewed everywhere, and this really is the cheapest price
September 3, 2008 at 11:58 pm
i buy it at Frye Electronics store that had a lowest price, but usually online deals are better
September 4, 2008 at 10:31 pm
It has been reviewed everywhere, but i still couldnt find a coupon
September 5, 2008 at 3:17 pm
wouldnt want to get this one refurbished haha
September 6, 2008 at 8:16 pm
I checked Ebay and they dont have any wholesale deals are there any wholesale deals online?
September 7, 2008 at 3:51 pm
No the great crash rebates in Phoenix
September 8, 2008 at 6:20 pm
Very good value for the money.
September 9, 2008 at 7:47 pm
What is the best price that i can find in Milwaukee. Any coupons?
September 10, 2008 at 1:30 pm
None of the stores in Portland had it in stock so i had to buy it from ebay
September 11, 2008 at 1:43 pm
I did try Costco, no deals worth mentioning
September 12, 2008 at 3:34 pm
Clearance prices aren’t much more discounted than this so may as well buy it now.
September 13, 2008 at 6:26 pm
it’s in limited availability, and hard to find a rebate, so dont bother too much, just buy it
September 14, 2008 at 7:18 pm
I have one on sale, best price, email me if interested
September 15, 2008 at 7:33 pm
Check any price comparison web sites for lowest price.
September 16, 2008 at 0:20 pm
Usually price of the great is cheap for finance books
September 17, 2008 at 1:52 pm
Read reviews, all positive
September 18, 2008 at 3:28 pm
Where can you get it used online?
September 19, 2008 at 8:21 pm
I am looking to buy one in Austin so i dont pay for shipping if it’s not free