The Great Crash, 1929 crash described by Galbraith and the crash occurring in the Late 2000s recession. Revised editions of the book, each time with updated research and a more timely version of the introduction, were published in 1961, 1972, 1988, 1997 and 2009. Galbraith, J.K, "The Great Crash" 1929, Pelican, 1961 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
Wall Street 8.4 percent to the New Jersey's gross domestic product in the same year. The most significant area with Wall Street employment is in Jersey City. In 2008, the "Wall Street West" employment contributed to one third of the private sector jobs in Jersey City. Within the Financial Service cluster, there were three major sectors: more than 60 percent were in the securities industry; 20 percent were in banking; and 8 percent in insurance. Additionally, New Jersey has become the main technology infrastructure to support the Wall Street operations. A substantial amount of securities traded in the United States are executed