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
Wall Street West transform its Seventeenth Street to become the "Wall Street of the Denver" as seen in an 1892 pamphlet in promoting the Equitable Building by the Equitable Life Assurance Society. Other buildings were constructed at other corners of the 17th Street such as the Boston Building in 1890 and the Ideal Cement Building in 1907. By that time, the 17th Street had been referred as "Wall Street of the West". After the Colorado National Bank (First National Bank) was constructed in 1911, it reaffirmed its central business district's Wall Street status. The 17th Street was also called "Wall Street of the