Must Reading: ‘Short History of Financial Euphoria’
Sunday, May 31st, 2009I’m not sure when he wrote the first edition of his A Short History of Financial Euphoria, but the late economist John Kenneth Galbraith updated it in 1990 following the stock market crash of 1987 and then the savings and loan meltdown of the late 1980s. Those times seem tame compared to what’s transpiring now. Unfortunately, [...]