Stock Image

The Causes of the 1929 Stock Market Crash: A Speculative Orgy or a New Era? (Contributions in Economics and Economic History)

Harold Bierman Jr.

0 ratings by Goodreads
ISBN 10: 031330629X / ISBN 13: 9780313306297
Published by Praeger, 1998
New Condition: New Hardcover
From Ergodebooks (RICHMOND, TX, U.S.A.)

AbeBooks Seller Since May 31, 2006 Seller Rating 4-star rating

Quantity Available: 1

Buy New
List Price: US$ 86.00
Price: US$ 44.13 Convert Currency
Shipping: US$ 3.99 Within U.S.A. Destination, rates & speeds
Add to basket

30 Day Return Policy

About this Item

Bookseller Inventory # DADAX031330629X

Ask Seller a Question

Bibliographic Details

Title: The Causes of the 1929 Stock Market Crash: A...

Publisher: Praeger

Publication Date: 1998

Binding: Hardcover

Book Condition:New

About this title


Attempting to reveal the real causes of the 1929 stock market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overprices, reasonable explanations exist for the level and increase of all other securities stock prices. Indeed, if stocks were overpriced in 1929, then they more even more overpriced in the current era of staggering growth in stock prices and investment in securities. The causes of the 1929 crash, Bierman argues, lie in an unfavorable decision by the Massachusetts Department of Public Utilities coupled with the popular practice known as debt leverage in the 1920s corporate and investment arena.

This book extends Bierman's argument in an earlier book, The Great Myths of 1929 and the Lessons to Be Learned (Greenwood, 1991), in which he discussed and refuted seven myths about 1929 but could not explain the crash. He now believes he has a reasonable explanation. He also examines the actions of Charles E. Mitchell and Sam Insull and their subsequent unjust criminal prosecution after the crash of the 1929 stock market.

About the Author:

HAROLD BIERMAN, JR. is the Nicholas H. Noyes Professor of Business Administration at the Johnson Graduate School of Management, Cornell University. He is the author of several books, including The Great Myths of 1929 and the Lessons to Be Learned (Greenwood, 1991).

"About this title" may belong to another edition of this title.

Store Description

Welcome to Our AbeBooks Store for books. I've been selling books for long and have achieved more than 99% positive feedback on eBay and I always strive to achieve best customer satisfaction and have always described book accurately. I got lot of Out of Print and Rare books in my store and still adding lot of books. I will ship book within 24 hours of confirmed payment

Visit Seller's Storefront

Terms of Sale:

100 % Customer Satisfaction is our Goal. Please contact me if you are not
satisfied with your order in any manner. I always list book by ISBN # only and
buyer is assured of correct edition, correct author and correct format of book.
will do my best to address your concerns including 100% refund of your money.

Name of your business and form of legal entity: Ami Ventures Inc.S-Corp. USA
your business address: 25547 Canyon Crossing Dr. Richmond TX 77406 USA
email address and phone or fax number: ...

More Information
Shipping Terms:

Orders usually ship within 1 business days. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express