Rating: 
Summary: Quick, valuable read.
Review: The book reads quickly and easily; but still manages to remain quite informative.The book covers a number of periods in which rampant financial speculation was present. The end lessons: "It's not different this time" and "History is bound to repeat itself"
Rating:
Summary: Quick, valuable read.
Review: The book reads quickly and easily; but still manages to remain quite informative. The book covers a number of periods in which rampant financial speculation was present. The end lessons: "It's not different this time" and "History is bound to repeat itself"
Rating: 
Summary: The specious association.......
Review: The point Galbraith makes regarding the specious association of money (wealth) and intelligence is an observation of tremendous socio economic dimensions.
Nichola Tesla the father of electromagnetism died poor in a basement, Albert Einstein was not a millionaire .. and the story goes on and on.
TIf the markets reward Nicola Tesla with poverty and Koslowski (Tyco) with richness, it says a lot about their efficiency and sanity. Maybe Soros is right. The free market system as a rule is never right but only as an exception.
Rating:
Summary: This is as brilliant as what you would expect from Galbraith
Review: This book is funny, incisive, and important. It is as good
as his others, although the scope is much narrower.
Even those who don't agree with Mr. Galbraith's somewhat
liberal views will have to admit that he is a great writer
and a great thinker.
Rating:
Summary: Short and sweet
Review: This is one of the best books on financial manias. Despite his lifelong promotion of inflationary policies that give rise to bubbles, it is a very insightful, well-written and entertaining book.
Rating: 
Summary: Engaging but superficial glance at financial euphoria
Review: This short, engagingly written book is a welcome antidote to the unfortunate and even dangerous stock market euphoria of recent years. Galbraith, as usual, is accurate and fair. The only problem with the book is that is that it never dives below the surface. Galbraith, like many left-wing critics of capitalism, has a keen eye for interesting facts, but he has little if any theoretical sense of the basic economic principles involved in market euphorias. It is gross credit excess that is fueling the current stock market bubble. The obverse side of credit is debt, and that is precisely where the problem rises. As credit expands, debt expands with it, especially bad debt. Eventually, the bad debt leads to a crisis; if a sizeable amount of debt cancellation occurs, you get deflation and a crisis of epic proportions.
Rating:
Summary: Engaging but superficial glance at financial euphoria
Review: This short, engagingly written book is a welcome antidote to the unfortunate and even dangerous stock market euphoria of recent years. Galbraith, as usual, is accurate and fair. The only problem with the book is that is that it never dives below the surface. Galbraith, like many left-wing critics of capitalism, has a keen eye for interesting facts, but he has little if any theoretical sense of the basic economic principles involved in market euphorias. It is gross credit excess that is fueling the current stock market bubble. The obverse side of credit is debt, and that is precisely where the problem rises. As credit expands, debt expands with it, especially bad debt. Eventually, the bad debt leads to a crisis; if a sizeable amount of debt cancellation occurs, you get deflation and a crisis of epic proportions.
Rating:
Summary: Tyco? Enron? Dot com?
Review: You heard it here first -- maybe not the specifics but the concept. A readable short introduction to past bubbles, this work was accessible and fun.
| 
