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 U.S. gold market in 1869) as well as modern figures such as Bernard Madoff who "bilked billions from investors". In addition, images of Wall Street and its figures have loomed large. The 1987 Oliver Stone film "Wall Street" created the iconic figure of Gordon Gekko who used the phrase "greed is good", which caught on in the cultural parlance. Stone commented in 2009 how the movie had had an unexpected cultural influence, not causing them to turn away from corporate greed, but causing many young people to choose Wall Street careers because of that movie. A reporter repeated other lines