The Crash of 1929
By (author) Maury Klein
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Rainbow's End by Maury Klein
Book DescriptionFew single events have affected business and society in the US so profoundly, and in such a short time. There have also been few books that address both these elements of the crash together, and very little published on the subject in the past decade. In this book, a gifted narrative historian with extensive background in the history of business and finance will put into perspective the many conflicting theories of what caused the crash, what role speculation did or did not play, whether or not it could have been avoided, and what role it played in bringing on the depression. The crash itself will be the climax of the narrative. Most of the book will concentrate on the decade before the crash, outlining the heavy bull market, and describing an era of unprecedented technological development, optimism, and expanding wealth. This decade saw the burgeoning of mass society and a popular culture driven by media and advertising, and a heady free market marked by unregulated banking and credit systems, and get-rich-quick schemes. Klein argues that the stock market crash marked a turning point in American history where the failure of self-regulating individualism led to an overhaul of the financial system and much more government regulation. It threw into question the beliefs in the American dream spawned by the 20s and preceded a preiod of deep depression, not only economically, but in regard to the most fundamental American values. The narrative will use a variety of people, developments, and events to illuminate these themes: Jack Morgan, Richard Whitney, Joseph Kennedy, Charles Mitchell, Herbert Hoover, John J. Raskob, and Alexander J. Noyes.
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Book DetailsISBN: 9780195158014
(227mm x 145mm x 23mm)
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 12-Jun-2003
Country of Publication: United States
Books By Author Maury Klein
Stealing Games, Hardback (May 2016)
The story of the 1911 New York Giants--the team that stole more bases in one season than any other in baseball history.
Call to Arms, Paperback (July 2015)
The sweeping, epic narrative history of the American mobilization for WWII, a titanic economic effort that changed the course of history and transformed a nation.
Genesis of Industrial America, 1870-1920, Hardback (September 2007)
This book, first published in 2007, offers a bold interpretation of American business history at the dawn of big business, 1870-1920.
Union Pacific, Paperback (March 2006)» View all books by Maury Klein
The Union Pacific lays the groundwork for modern industry in America.
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Author Biography - Maury Klein
Mury Klein is Professor of History, University of Rhode Island
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