Again, there are revisionist historians who say there was a method to the madness of the stock-market boom of the late 1920s. Harold Bierman Jr., for example, in his book The Great Myths of 1929, has suggested that, without perfect foresight, stocks were not obviously overpriced in 1929. After all, very intelligent people, such as Irving Fisher and John Maynard Keynes, believed that stocks were reasonably priced.
