Abstract

John K. Galbraith's The Great Crash, 1929 (1961) is the most popular and widely read book about 1929 and the 1929 stock market crash. Although Galbraith's narrative makes extremely interesting reading, unfortunately it's not always fair and omits reasonable alternative interpretations of events. This chapter aims to provide a more accurate description of what went on, leading to a better understanding of the sequence of events in 1929 and in subsequent years.