No. of Recommendations: 3
... Wall Street History--and How It Shattered a Nation by Andrew Ross Sorkin was a very good book but not as good as John Kenneth Galbraith's The Great Crash of 1929. That is probably not a fair statement because Sorkin was not trying to do what Galbraith did. Sorkin looked at the people who were if not responsible for then at least benefitting from the stock valuations and trading practices that precipitated or exacerbated the crash. Galbraith looks at the systemic causes of the Great Depression, farm commodity prices, bank failures outside of large cities, low wages after WW1, and others. I think they are two very different books that pair well together. It has been a long time since I read Galbraith's book. I am going to have to go back and reread it to see if I am remembering it clearly.