Christopher Knowlton
Goodreads Author
Website
Member Since
February 2017
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Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
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published
2020
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8 editions
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Cattle Kingdom: The Hidden History of the Cowboy West
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published
2017
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The Real World
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published
1984
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* Note: these are all the books on Goodreads for this author. To add more, click here.
“In hindsight, it appears that the broader stock market was in one of those periods where it acted, in investment sage Benjamin Graham’s memorable phrase, more like a voting machine than a weighing machine.”
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
“Also known as hire purchase, installment credit was not entirely new—and consumer credit itself dated back to antiquity. In reality, according to Lendol Calder, an expert on the history of consumer credit, overindebtedness was a headache for the Pilgrims, the colonial planters, and nineteenth-century farmers: “A river of red ink,” he writes, “runs through American history.” However, up until the 1920s, installment credit had been used primarily for the sale of pianos, and, to a lesser extent, furniture and sewing machines.”
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
“In response to his growing infirmities, he retreated deeper into his work. At one point, in the summer of 1907, a newspaper reported that the seventy-seven-year-old entrepreneur had suffered a nervous breakdown. As Flagler told the journalist Edwin Lefèvre in 1909, “I don’t know of anyone who has been successful, but that he has been compelled to pay some price for success. Some get it at the loss of their health, others forego the pleasures of home and spend their years in the forest or mines; some acquire success at the loss of their character, and so it goes. Many prices are paid.”
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
― Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
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