The Great Crash, 1929 The Great Crash, 1929 The Great Crash, 1929 is a book written by John Kenneth Galbraith and published in 1955; it is an economic history of the lead-up to the Wall Street Crash of 1929. The book argues that the 1929 stock market crash was precipitated by rampant speculation in the stock market, that the common denominator of all speculative episodes is the belief of participants that they can become rich without work and that the tendency towards recurrent speculative orgy serves no useful purpose, but rather is deeply damaging to an economy. It was Galbraith's belief that a good
37 Wall Street 37 Wall Street 37 Wall Street is a luxury apartment building on Wall Street in the heart of the Financial District in Lower Manhattan, New York City. It was designed by Francis Kimball and constructed during 1906–07 for The Trust Company of America, which occupied the ground floor. The building, completed in 1907, stands at 25 floors, plus a penthouse level that includes apartments and a terrace. No longer offices, the building has been converted/restored by Costas Kondylis. It is now 373 rental apartments and a commercial space for Tiffany & Co's return to Lower Manhattan. The amenities for its