8vo. Frontispiece chart, a few charts in text. Original red cloth, spine gilt-lettered (covers very slightly bowed at edges); original pictorial dust jacket (some light soiling and staining, a few tiny chips, small portion of foot of spine panel torn away affecting publisher's imprint); quarter green morocco folding case gilt.

FIRST EDITION. Prior to the 1929 stock market crash, Irving Fisher believed that stock prices had reached a permanently high plateau. His perspective changed drastically post-crash, and his understanding of the market displayed in The Stock Market Crash helped salvage his reputation. His ultimate outlook was positive: he placed faith in Hoover's leadership abilities and believed that America would adopt wise banking policies and gold control, but by 1931, the United States had fallen into the depths of a great depression. RARE IN THE ORIGINAL DUST JACKET.