John Galbraith And The Stock Market Crash

Decent Essays
It is said that history repeats itself, especially when you ignore it. The world still hasn't properly recovered from the global economic crisis that occured in recent years, but believe it or not, it wasn't the first time such event happened in the world. The Great Crash of 1929 by John Henneth Galbraith represents a masterfully crafted writing describing events that led to the stock market crash in 1929 which preceded the crisis. But it isn't just straightforward enumeration of facts as one would think. Galbraith has got quite a distinct style which is soaked in humour and sarcasm, while still retaining its charm and delight. This style applies very well to the understanding of economic phenomena which can be quite hard to grasp at first.

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