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 and deceitful gains. However, this is not what Wall Street investors are bothered by. Instead, it is the public's words and opinions which they feel mold their image. Sjöberg notes that in the American culture, money making is of utmost importance and knowing how to make money is considered to be respectable. Therefore, Wall Street investors prioritize their work as well as strive to climb the corporate ladder. They also feel obligated to maintain the image the public creates, because it strengthens their position as a Wall Street employee. They value seeing themselves as experts in their field, especially since