$34
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The classic by the renowned economist: \”One of those rare works that forces a nation to re-examine its values\” (The New York Times).
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One of the New York Public Library’s \”Books of the Century\”
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Hailed as a \”masterpiece\” (St. Louis Post-Dispatch), this examination of the \”economics of abundance\” cuts to the heart of what economic security means (and doesn’t mean) and lays bare the hazards of individual and societal complacence about economic inequity. The book that introduced the phrase \”conventional wisdom\” to our vernacular, The Affluent Society is as timely today as when it was first published.
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\”Warrants careful reading by every thoughtful person.\” —The Christian Science Monitor
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$34
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Arguing that the 1929 stock market crash was precipitated by rampant speculation in the stock market, Galbraith notes that the common denominator of all speculative episodes is the belief of participants that they can become rich without work. It was Galbraith’s belief that a good knowledge of what happened in 1929 was the best safeguard against its recurrence.
Atlantic Monthly wrote, \”Economic writings are seldom notable for their entertainment value, but this book is. Galbraith’s prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation’s oracles and the wondrous antics of the financial community.\”
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