The Trouble with Prosperity: The Loss of Fear, the Rise of Speculation, and the Risk to American Savings

by James Grant

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This text examines the role failure plays in ensuring continued success of financial markets. By examining and explaining a 70-year cycle of boom and bust, the author claims that the stock market is not inherently strong but instead is fuelled by the requirement of collapse. This, he believes, lays the foundations for success and should teach people important lessons about survival.
  • ISBN10 0812924398
  • ISBN13 9780812924398
  • Publish Date 22 October 1996
  • Publish Status Remaindered
  • Out of Print 12 November 2014
  • Publish Country US
  • Imprint Times Books
  • Format Hardcover
  • Pages 348
  • Language English