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Home > Business and Economics > Economics > Economic history > Panic on Wall Street: A History of America's Financial Disasters
Panic on Wall Street: A History of America's Financial Disasters

Panic on Wall Street: A History of America's Financial Disasters


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About the Book

Here is a book dealing with a subject endemic to many Eastern and Western countries -- financial panic. Covering 12 of the most harrowing moments in American financial history from 1792 to 1962, it demonstrates that Wall Street and the public are at once the heroes, villains, and victims of past panics.

Review :
Review by Gail Owens Hoelscher From Turnarounds and Workouts, January 15, 2001 "Mere anarchy is loosed upon the world, the blood-dimmed tide is loosed, and everywhere the ceremony of innocence is drowned; the best lack all conviction, while the worst are full of passionate intensity." What a terrific quote to find at the beginning of a book on financial catastrophe! First published in 1968, Panic on Wall Street covers 12 of the most painful episodes in American financial history between 1792 and 1962. Author Robert Sobel chose these particular cases, among a dozen or so others, to demonstrate the complexity and array of settings that have led to financial panics, and to show that we can only make "the vaguest generalizations" about financial panic as a phenomenon. In his view, these 12 all had a great impact on Americans of the time, "they were dramatic, and drama is present in most important events in history." They had been neglected by other financial historians. They are: William Duer Panic, 1792 Crisis of Jacksonian Finances, 1837 Western Blizzard, 1857 Post-Civil War Panic, 1865-69 Crisis of the Gilded Age, 1873 Grant's Last Panic, 1884 Grover Cleveland and the Ordeal of 1893-95 Northern Pacific Comer, 1901 The Knickerbocker Trust Panic, 1907 Europe Goes to War, 1914 Great Crash, 1929 Kennedy Slide, 1962


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Product Details
  • ISBN-13: 9781587981340
  • Publisher: Beard Group, Inc.
  • Publisher Imprint: Beard Group, Inc.
  • Language: English
  • Sub Title: A History of America's Financial Disasters
  • ISBN-10: 1587981343
  • Publisher Date: 19 Jul 2018
  • Binding: Digital (delivered electronically)
  • No of Pages: 480


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