That's the title of JK Galbraith's gently satiric novel, published in 1990. A Harvard economics professor strikes it rich by shorting irrational exuberance. The banksters are not pleased and do what must be done to put an end to this nonsense, and our hero must resign himself to life as a tenured professor and expert on the economics of consumer durables. With the exception of its gentleness and civility, the novel could have been written today. As a novelist, Galbraith was no David Lodge, but he wasn't terrible either.
Monday, September 25, 2023
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