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The Resource Crash! : how the economic boom & bust of the 1920s worked, Phillip G. Payne

Crash! : how the economic boom & bust of the 1920s worked, Phillip G. Payne

Label
Crash! : how the economic boom & bust of the 1920s worked
Title
Crash!
Title remainder
how the economic boom & bust of the 1920s worked
Statement of responsibility
Phillip G. Payne
Creator
Author
Subject
Language
eng
Summary
  • "Speculation--an economic reality for centuries--is a hallmark of the modern U.S. economy. But how does speculation work? Is it really caused, as some insist, by popular delusions and the madness of crowds, or do failed regulations play a greater part? And why is it that investors never seem to learn the lessons of past speculative bubbles? Crash! explores these questions in by examining the rise and fall of the American economy in the 1920s.Phillip G. Payne frames the story of the 1929 stock market crash within the booming New Era economy of the 1920s and the bust of the Great Depression. Taking into account the emotional drivers of the consumer market, he offers a clear, concise explanation of speculation's complex role in creating one of the greatest financial panics in United States history. Crash! explains how post-World War I changes in the global financial markets transformed the world economy, examines the role of boosters and politicians in promoting speculation, and describes in detail the disastrous aftermath of the 1929 panic. Payne's book will help students recognize the telltale signs of bubbles and busts, so that they may become savvier consumers and investors"--
  • "Most measures of the American economy over the past two centuries or so produce a jagged sine wave--"irrationally exuberant" highs leading to painful lows. Bubbles lead to panics, over and over again. Payne has written a short book on the 1920s to demonstrate to undergraduates how this pattern emerges, especially how the highs get to be so high--specifically during the 1920s, which seem to offer instructive examples of the worst practices and circumstances. This "How Things Worked" volume explains market mechanisms, popular pressures, and the workings or failings of regulation. While every drop in the economy has its peculiar features, that of 1929 has the markings of a classic"--
Member of
Assigning source
  • Provided by publisher
  • Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorName
Payne, Phillip G
Dewey number
330.973/0915
Index
index present
LC call number
HC106.3
LC item number
.P3517 2015
Literary form
non fiction
Nature of contents
bibliography
Series statement
How things worked
http://library.link/vocab/subjectName
  • United States
  • United States
  • Depressions
  • Stock Market Crash, 1929
Label
Crash! : how the economic boom & bust of the 1920s worked, Phillip G. Payne
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 133-135) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Prologue: how panic spreads -- How in the 1920s the American economy promoted speculation -- How business culture encouraged consumer spending -- How the market grew bullish -- How the economy crashed -- How the New Deal changed the financial sector -- Epilogue: how this time is (not) different
Control code
ocn907657476
Dimensions
24 cm.
Extent
viii, 142 pages
Isbn
9781421418568
Lccn
2015008453
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
  • (Sirsi) o907657476
  • (OCoLC)907657476
Label
Crash! : how the economic boom & bust of the 1920s worked, Phillip G. Payne
Publication
Bibliography note
Includes bibliographical references (pages 133-135) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Prologue: how panic spreads -- How in the 1920s the American economy promoted speculation -- How business culture encouraged consumer spending -- How the market grew bullish -- How the economy crashed -- How the New Deal changed the financial sector -- Epilogue: how this time is (not) different
Control code
ocn907657476
Dimensions
24 cm.
Extent
viii, 142 pages
Isbn
9781421418568
Lccn
2015008453
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
  • (Sirsi) o907657476
  • (OCoLC)907657476

Library Locations

    • LSC Montgomery LibraryBorrow it
      3200 College Park Drive, Conroe, TX, 77384, US
      30.20717 -95.46538
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