Items related to A Neglected Point: In Connection with Crises (1908)
Synopsis
""A Neglected Point: In Connection With Crises"" is a book written by Nicolas August Ludwig Jacob Johannsen in 1908. The book explores a neglected aspect of economic crises that was not given enough attention at the time. Johannsen argues that the root cause of economic crises is not solely based on the financial system, but also on the psychological behavior of individuals and society as a whole. He believes that the irrational behavior of individuals during economic booms leads to a false sense of security and overconfidence, which eventually leads to a crash. Johannsen also delves into the role of speculation and the importance of regulation in preventing economic crises. The book is a thought-provoking analysis of the economic crises of the time and offers insights that are still relevant today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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