galbraith (1)

After a recent trip to one of our local Goodwill Stores(btw great place to find investment type books, especially after the market is going through, or just coming out of a bear market), I came away with a copy of "A Journey Through Economic Time, A Firsthand View" by John Kenneth Galbraith. I was truly excited to find and purchase a book by Galbraith, the late renowned and respected economist. Furthermore I was excited that it appeared to be an economic history of the twentieth century with some commentary in a format that was easy to understand.

The book starts with the early part of the twentieth century. Galbraith discusses World War I and the aftermath. He discusses the rise of John Meynard Keynes as an economist and the unintended consequences of German war reparations. Galbraith laments the fact that economic decisions are often made by the stupid or uninformed politicians. Galbraith continues by citing causes for the Great Depression and The Crash. He also discusses the effects

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