A Short History of Financial Euphoria
Economist John Kenneth Galbraith dissects recurring cycles of speculative excess, revealing how our collective amnesia about past market manias inevitably leads to new ones. He humorously chronicles historical financial frenzies, from the Dutch tulip mania to modern bond bubbles, showing how even rational minds succumb to irrational exuberance. This witty and insightful look at economic history offers a valuable perspective for anyone seeking to understand the perpetual dance between greed and panic.
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