Short History of Financial Euphoria

John Kenneth Galbraith was born in 1908 in Ontario, Canada. He earned a PhD at the University of California in 1934 and later took a fellowship at Cambridge, where he first encountered Keynesian economics. At different points in his life he taught at both Harvard and Princeton, and wrote more than forty books on an array of economic topics. During World War II he served as deputy head of the Office of Price Administration, charged with preventing inflation from crippling the war efforts, and also served as the US Ambassador to India during the Kennedy administration. He passed away in 2006.

"Galbraith's long historical view is refreshing ... Easily read and enterraining." —Washington Post Book World

• The speculative episode; the common denominators; the classic cases I - the tulipomania, John Law and the Banque Royale; The classic cases II - the bubble; the American tradition; 1929; October redux; reprise.