John Kenneth Galbraith

John Kenneth Galbraith is the economist and author referenced in 157.如何带走牛市的胜利果实？ through The Great Crash 1929 / 《1929年大崩盘》. [[DavidWeng|大卫翁]] uses Galbraith’s “bezzle” idea to describe the period in a bull market when investors feel enriched by wealth that has not yet been revealed as fragile, overstated, or impossible to realize.

In this wiki branch, Galbraith matters less as a full intellectual biography than as the source of a vocabulary for Bull Market Bezzle Trap / 牛市叙事欺诈. The episode translates that vocabulary into Chinese market examples such as LeEco / 乐视 and 暴风影音 / Baofeng Yingyin, where strong dreams and clean narratives can become dangerous before investors recognize the difference between vision and cash-generating proof.

Connections

• The Great Crash 1929 / 《1929年大崩盘》 - book context for the bezzle term used by the episode.
• Bull Market Bezzle Trap / 牛市叙事欺诈, Speculative Bubble Psychology, and Paper Wealth Vs Cash Value - concepts that absorb the Galbraith reference.
• 大卫翁 / David Weng and [[QizhulouYanBinke|起朱楼宴宾客]] - source speaker and show.