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The Causes of the 1929 Stock Market Crash a Speculative Orgy or a New Era?

by Harold Bierman

  • ISBN: 9780313306297
  • ISBN10: 031330629X

The Causes of the 1929 Stock Market Crash a Speculative Orgy or a New Era?

by Harold Bierman

  • List Price: $122.00
  • Binding: Hardcover
  • Publisher: Greenwood Pub Group
  • Publish date: 04/01/1998
  • ISBN: 9780313306297
  • ISBN10: 031330629X
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Description: Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the 1929 stock market crash. 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.
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