The first edition of this much lauded account of the 1929 Wall Street crash by the Canadian-American economist John Kenneth Galbraith (1908-2006), one of the chief advocates of postwar liberalism, who served as the seventh American ambassador to India.

'John Kenneth Galbraith provides a chronicle of that year with an in-depth review of the economic, political, and psychological events that contributed to the collapse of the stock market... The book succeeds in helping the reader understand the causes and the results of the boom and subsequent bust. Galbraith's conclusion sheds light on his hopes for the future. He claims that only misfortune awaits those who believe they can see the future, as 1929 plainly showed' (Zerden).


First edition; 8vo (22 x 14.5 cm); typed ownership inscription to front free endpaper recto, frontispiece illustration; unclipped dust-jacket, red cloth stamped in silver to spine and upper cover, edges frayed; ix, [3], 212pp.

cf.Dennistoun 146 (2nd issue); Zerden p.67.