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Description

Of Galbraith's classic examination of the 1929 financial collapse, 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... read more

Ridiculously Simplified Synopsis

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Memorable Quotes

  • “a serious depression like that of 1920-21 is outside the range of probability”
  • “instead of inflation the country was experiencing the most violent deflation in the nation's history”
  • “It is what causes men who know that things are going quite wrong to say that things are fundamentally sound”

First Sentence

ON DECEMBER 4, 1928, President Coolidge sent his last message on the state of the Union to the reconvening Congress.
 

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