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"Davies's book examines the financial panics of 1873, considering both the financial speculations born of exuberance that led to these panics and the interpretative speculations born of the crises, and exploring what this in turn reveals about contemporary notions of the world economy and...
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The year 1873 was one of financial crisis. A boom in railway construction had spurred a bull market-but when the boom turned to bust, transatlantic panic quickly became a worldwide economic downturn. In Transatlantic Speculations, Hannah Catherine Davies offers a new lens on the panics of 1873...
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"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...
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Die derzeit größte Krise des Kapitalismus seit den 1930er-Jahren hat das Interesse an der 1. Weltwirtschaftskrise verstärkt. Der Autor vermisste auf dem Buchmarkt entsprechende Informationen und hat diese Lücke nun selbst geschlossen. Vor dem Hintergrund der aktuellen Finanz- und...
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