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Cover image for book The Great Crash of 1929

The Great Crash of 1929

A Reconciliation of Theory and Evidence
By:A. Kabiri
Publisher:Springer Nature
Print ISBN:9781137372888
eText ISBN:9781137372895
Edition:0
Copyright:2014
Format:Reflowable

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Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy. Using new data, Kabiri explains what led to the 1920s stock market boom and 1929 crash and looks at whether 1929 was a bubble or not and whether it could have been anticipated.