Will the Nvidia meltdown breathe new life into Galbraith’s ‘The Great Crash’ again?

As an economist, John Kenneth Galbraith didn’t receive a Nobel Prize. But his works on financial markets have become more popular than the economists usually awarded by the committee in Stockholm. With the US stock market reeling under the bombshell from a tiny Chinese company involved in Artificial Intelligence (AI), it may be time to dust off some historical works. One important piece from that literature is Galbraith’s `The Great Crash, 1929’

( Originally published on Jan 28, 2025 )