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 bombing agitation in the United States. The Wall Street bomb killed more people than the 1910 bombing of the "Los Angeles Times", which was the deadliest act of terrorism on U.S. soil up to that point. The death toll was exceeded in the Tulsa Race Riot in 1921. At noon, a horse-drawn wagon passed by lunchtime crowds on Wall Street and stopped across the street from the headquarters of the J.P. Morgan bank at 23 Wall Street, on the Financial District's busiest corner. Inside the wagon, of dynamite with of heavy, cast-iron sash weights exploded in a timer-set detonation, sending the