34
The Crash of 1929
Lecture no. 34 from the course: Crashes and Crises: Lessons from a History of Financial Disasters

Taught by Professor Connel Fullenkamp | 09 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Dissect the notorious Wall Street crash of 1929, starting with the economic conditions that led to a feverish speculative boom during the “Roaring ’20s.” Survey investment practices of the day, some of which are now outlawed. Trace the rise in stock prices into the fall of 1929, when a normal market correction seemed underway. Probe explanations for why it suddenly turned into a crash.
96 Lectures
1

Fintech, Crypto, and the Future of Disaster
0 of 11 min
2

Cryptocurrencies and Blockchains
0 of 11 min
3

Cryptocurrency’s Biggest Threat
0 of 04 min
4

The Con Men Charles Ponzi and Ivar Kreuger
0 of 02 min
5

Three Key Ingredients of Charles Ponzi’s Scheme
0 of 12 min
6

The Match King: Charming, Charismatic, and a Cheat
0 of 11 min
7

Lessons from Ponzi and Kreuger
0 of 02 min
8

A Boom in Busts
0 of 02 min
9

A History of Chaos: From Tulips to 1929
0 of 11 min
10

Unleashing Deregulation, Leverage, and Risk
0 of 14 min
11

When Society and Regulation Conflict
0 of 00 min
12

The Tulip Bubble
0 of 10 min
13

High Fashion, Broken Bulbs, and Avid Traders
0 of 07 min
14

Serious Trades or Fun and Games?
0 of 09 min
15

The South Sea Bubble
0 of 06 min
16

British Government Cuts a Nifty Deal
0 of 19 min
17

Rational Behavior in Irrational Markets
0 of 01 min
18

The Mississippi Bubble
0 of 04 min
19

European Adventure: The Future of Money
0 of 20 min
20

The Paper Money Experiment Ends
0 of 01 min
21

Holes in the Ground: Mining Stock Frauds
0 of 08 min
22

George Graham Rice: World-Class Liar
0 of 13 min
23

Herbert Hoover’s Close Call in London
0 of 06 min
24

The Panic of 1907
0 of 04 min
25

Dual-Charter Banking: Federal and State Licenses
0 of 04 min
26

How the Gold Standard Limited Bank Liquidity
0 of 09 min
27

Enter J. P. Morgan
0 of 03 min
28

Morgan’s Last Hurrah
0 of 06 min
29

Hyperinflation in Germany and Zimbabwe
0 of 05 min
30

The Origins of the German (or Weimar) Hyperinflation
0 of 05 min
31

The Role of War Reparations in German Inflation
0 of 04 min
32

From High Inflation to Hyperinflation
0 of 07 min
33

Trouble in Zimbabwe
0 of 08 min
34

The Crash of 1929
0 of 09 min
35

Hyperinflation’s Common Denominator
0 of 03 min
36

Party Favors: Buying Stocks on Margin
0 of 03 min
37

Stock Pools: Swimming with Sharks
0 of 04 min
38

From Optimism to Overvaluation
0 of 09 min
39

The Great Contraction of 1931–1933
0 of 06 min
40

1930–1931: Regional Banking Panics
0 of 06 min
41

Britain Abandons the Gold Standard
0 of 06 min
42

A New Era of Stability
0 of 10 min
43

The Savings and Loan Crisis
0 of 07 min
44

Overregulated? Or Out of Control?
0 of 06 min
45

Texas, Oil, and a Boom in Trouble
0 of 05 min
46

Silverado: Hustling Real Estate Deals
0 of 04 min
47

Zombie S&Ls: Life after Death
0 of 05 min
48

The Crash of 1987
0 of 07 min
49

Replication, Arbitrage, and the Creation of Portfolio Insurance
0 of 07 min
50

The Market Cools in October 1987
0 of 08 min
51

Was Portfolio Insurance at Fault for the Crash?
0 of 06 min
52

Japan’s Lost Decade
0 of 08 min
53

The Wild Ride Begins
0 of 04 min
54

Japan’s Nikkei 225 Index
0 of 08 min
55

The End of the Convoy System
0 of 05 min
56

Lessons from the Lost Decade
0 of 03 min
57

Bankers Trust Swaps
0 of 04 min
58

Certainty vs. Uncertainty
0 of 08 min
59

Fixed vs. Floating
0 of 04 min
60

An Interesting Formula
0 of 05 min
61

Changing the Culture at Bankers Trust
0 of 07 min
62

Asia, Greece, and Global Contagion
0 of 06 min
63

The Three Sources of Demand for the Thai Baht
0 of 07 min
64

The Undervaluation-Overvaluation Equation
0 of 07 min
65

Thailand’s Boom before the Bust
0 of 04 min
66

The Orange County, California, Bankruptcy
0 of 07 min
67

Orange County Discovers Repos
0 of 04 min
68

Robert Citron Leverages Up
0 of 07 min
69

Inverse Floaters: When Rates Rise
0 of 09 min
70

The Dotcom Bubble
0 of 09 min
71

Intangible Value and Technology
0 of 04 min
72

Misunderstanding P = D/(r - g)
0 of 05 min
73

The Theory of Growing First, Profiting Later
0 of 09 min
74

Rogue Traders at SocGen and Barings
0 of 04 min
75

Jérôme Kerviel and Société Générale
0 of 05 min
76

Jerome Kerviel’s Secret Strategy
0 of 05 min
77

Nick Leeson and Barings Bank
0 of 09 min
78

Do Rogue Traders Operate Alone?
0 of 03 min
79

Unhedged! Long-Term Capital Management
0 of 07 min
80

Meriwether’s Dream Team
0 of 07 min
81

The Fall of Long-Term Capital
0 of 11 min
82

The London Whale and Value at Risk
0 of 10 min
83

Markets Aren’t Models
0 of 05 min
84

London Whale Affair
0 of 12 min
85

The Goldilocks Economy and Three Bads
0 of 08 min
86

The Global Money Supply Expands
0 of 05 min
87

Opportunities for Mischief
0 of 09 min
88

A Flawed Belief and Light Touch
0 of 04 min
89

Subprime Debt and the Run on Wall Street
0 of 04 min
90

Birth of Subprime
0 of 03 min
91

New Century: A Domino Falls
0 of 15 min
92

Allowing Lehman to Fail
0 of 03 min
93

China’s Shadow Banks
0 of 06 min
94

The Great Recession Hits China’s Exports
0 of 09 min
95

Signaling Danger: Credit-to-GDP Ratio
0 of 07 min
96

Will China Bail Itself Out Again?
0 of 05 min
Recommended For You
See all 10
1
10
Reviews