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Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression

Christopher Knowlton, author of Cattle Kingdom and former Fortune writer, takes an in-depth look at the spectacular Florida land boom of the 1920s and shows how it led directly to the Great Depression.

WINNER OF THE 2021 EXCELLENCE IN FINANCIAL JOURNALISM BEST BOOK AWARD


      The 1920s in Florida was a time of incredible excess, immense wealth, and precipitous collapse. The decade there produced the largest human migration in American history, far exceeding the settlement of the West, as millions flocked to the grand hotels and the new cities that rose rapidly from the teeming wetlands. The boom spawned a new subdivision civilization—and the most egregious large-scale assault on the environment in the name of “progress.” Nowhere was the glitz and froth of the Roaring Twenties more excessive than in Florida. Here was Vegas before there was a Vegas: gambling was condoned and so was drinking, since Prohibition was not enforced. Tycoons, crooks, and celebrities arrived en masse to promote or exploit this new and dazzling American frontier in the sunshine. Yet, the import and deep impact of these historical events have never been explored thoroughly until now.

      In Bubble in the Sun Christopher Knowlton examines the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Miami Beach, and other storied sites, as well as the darker side of the frenzy. For while giant fortunes were being made and lost and the nightlife raged more raucously than anywhere else, the pure beauty of the Everglades suffered wanton ruination and the workers, mostly black, who built and maintained the boom, endured grievous abuses. 

   Knowlton breathes dynamic life into the forces that made and wrecked Florida during the decade: the real estate moguls Carl Fisher, George Merrick, and Addison Mizner, and the once-in-a-century hurricane whose aftermath triggered the stock market crash. This essential account is a revelatory—and riveting—history of an era that still affects our country today.

Christopher Knowlton is a former staff writer and London bureau chief for Fortune magazine. He has contributed to The New York Times and The Wall Street Journal. He also spent fifteen years in the investment business. His previous book was Cattle Kingdom: The Hidden History of the Cowboy West.

Simon & Schuster 

On Sale January 14, 2020 • 978-1-9821-2837-1 • $30.00 U.S./$39.99 Can.

Publicity Contact• Christine Calella • Christine.Calella@simonandschuster.com

• Includes 16 pages of photos

Cattle Kingdom: The Hidden History of the Cowboy West 

A revolutionary new appraisal of the Old West and the America it made.

The open range cattle era lasted barely a quarter-century, but it left America irrevocably changed. These few decades following the Civil War brought America its greatest boom-and-bust cycle until the Depression, the invention of the assembly line, and the dawn of the conservation movement.  It inspired legends, such as that icon of rugged individualism, the cowboy.  Yet this extraordinary time and its import have remained unexamined for decades.

Cattle Kingdom reveals the truth of how the West rose and fell, and how its legacy defines us today.  The tale takes us from dust-choked cattle drives to the unlikely splendors of boom-towns like Abilene, Kansas, and Cheyenne, Wyoming.  We venture from the Texas Panhandle to the Dakota Badlands to the Chicago stockyards.  We meet a diverse array of players—from the expert cowboy Teddy Blue Abbott to the failed rancher and future president Teddy Roosevelt. Knowlton shows us how they and others like them could achieve so many outsized feats: killing million of bison in a decade, building the first opera house on the open range, driving cattle by the thousand, and much more.  Cattle Kingdom is a revelatory new view of the Old West.

  • Hardcover: 353 pages

  • Publisher: Eamon Dolan/Houghton Mifflin Harcourt (May 30, 2017)

  • Language: English

  • ISBN-10: 0544369963

  • ISBN-13: 978-0544369962

  • Product Dimensions: 6 x 9 inches

  • Includes 16 pages of photographs