The Stock Market Boom and Crash of 1929 Was Not a Bubble is popular PDF and ePub book, written by Bernard C. Beaudreau in 2019-10-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Stock Market Boom and Crash of 1929 Was Not a Bubble can be Read Online from any device for your convenience.
The Stock Market Boom and Crash of 1929 Was Not a Bubble Book PDF Summary
In the aftermath of the stock market crash of 1929, Yale University Economics Professor Irving Fisher remained steadfast in his view that the boom in prices had been warranted, pointing to the myriad innovations of the 1920s, including the introduction of the electric unit drive and utility-supplied power. Dismissed by most, this view has since given way to Alan Greenspan’s view of irrational exuberance. This book presents a series of contemporary and period writings which rehabilitate the fundamentals view, showing why Irving Fisher was right. Whereas Fisher was unable to provide a convincing narrative for the crash, these writings point to the Hoover Administration’s tariff initiative, the Smoot-Hawley Tariff Bill, as the key element which contributed to both the boom and the crash.
Detail Book of The Stock Market Boom and Crash of 1929 Was Not a Bubble PDF
- Author : Bernard C. Beaudreau
- Release : 23 October 2019
- Publisher : Cambridge Scholars Publishing
- ISBN : 9781527542037
- Genre : Business & Economics
- Total Page : 146 pages
- Language : English
- PDF File Size : 8,6 Mb
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