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The Money Manias is an anatomy of American speculation that provides an interesting perspective on the American risk-taking and entrepreneurial character.
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From the Publisher:
A recreation of the periods of great risk and speculation in American history, this original and fascinating book explores the giant Vandalia land venture that involved George Washington in the last quarter of the eighteenth century, the disastrous canal-building schemes that enticed investors during the 1880s, the giant steel company consolidations that were formed at the turn of the century, the ill-fated Florida land boom of the 1920s, and the recent conglomerate craze. Robert Sobel traces the vicissitudes of investor sentiment at each succeeding folly. The Money Manias is an anatomy of American speculation that provides an interesting perspective on the American risk-taking and entrepreneurial character.
About the Author:
Robert Nathen Sobel was a professor of business history at Hofstra University for more than forty years and held a Ph.D. from New York University. He is author of more than two dozen books on American economic and business history, including Herbert Hoover and the Onset of the Great Depression and Coolidge: An American Enigma.
Besides producing books, articles, book reviews, scripts for television and audiotapes, he was a weekly columnist for Newsday from 1972 to 1988. In 1998, Sobel was the recipient of the second Special Achievement Sidewise Award for Alternate History for this book, which was republished in 1998.At the time of his death he was a contributing editor to Barron's magazine
He died Wednesday, June 2, 1999 of brain cancer. Professor Sobel was 68.
Sobel is a highly esteemed business historian. Sobel's purpose in any book he wrote was to help his reader learn from them.
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- PublisherBeard Books Inc
- Publication date2000
- ISBN 10 1587980282
- ISBN 13 9781587980282
- BindingPaperback
- Number of pages397
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Money Manias : The Eras of Great Speculation in America, 1770-1970
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