1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation
1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation
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1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation
#1 NEW YORK TIMES BESTSELLER
“It is one of the best narrative histories I’ve read.”
—The Wall Street Journal
A New York Times Notable Book of 2025 • One of Barack Obama's Favorite Books of 2025 • Named a BEST BOOK OF 2025 by The Washington Post, TIME, The Economist, Air Mail, Bloomberg, Fast Company, Katie Couric Media, and History
From the bestselling author of Too Big to Fail, “the definitive history of the 2008 banking crisis,” (The Atlantic) comes a riveting narrative of the most infamous stock market crash in history—one with ripple effects that still shape our society today.
In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded—one of visionaries and fraudsters, titans and dreamers, euphoria and ruin.
With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naïveté in an endless boom led to disaster. The dizzying highs and brutal lows of this era eerily mirror today’s world—where markets soar, political tensions mount, and the fight over financial influence plays out once again.
This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that this time is different. It’s about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming—only to be dismissed until it was too late.
Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time—with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.

1929: Inside the Greatest Crash in Wall Street History is a riveting and meticulously researched account of the stock market crash that changed America forever. The book dives deep into the events leading up to the crash, the personalities involved, and the widespread economic and social consequences that followed. Written in a way that's engaging for both history buffs and general readers, it combines thorough analysis with compelling storytelling. This book not only illuminates a pivotal moment in financial history but also offers lessons on risk, greed, and the fragility of economic systems that remain relevant today.
I am currently about halfway through reading this book, and I must say, it's absolutely captivating! It feels like stepping into a time machine, transporting me back to a different era. The level of detail is remarkable, creating such an immersive experience. I can easily envision this story as a thrilling, large-scale blockbuster movie. I am incredibly excited to continue reading and discover what unfolds next. The author has done an outstanding job crafting this narrative, and I highly recommend it to anyone seeking an engaging journey through history and time.
1929 is an entertaining read of finance in the 20s and 30s and what happened in that era of transformative finance for the US. The book ends with the politics leading up to Glass-Steagall and how it was not how Carter Glass intended it, but that era then lasted with us all the way up to the GFC (where the author's other account Too Big To Fail then becomes of interest). This is as entertaining as the prior crisis work despite not having first hand accounts. The writing is engaging, the subject matter interesting and the author wrote a noteworthy historical account to make the book both educational as well as memorable.
The book is obviously well researched (there are 100 pages of reference notes in the back). Mr Sorkin did his homework. The main story is ~450 pages long. It is a relatively easy read, mercifully the author has mostly used plain English to tell the story with a minimum of specialized vocabulary.
I finished the book up last night to this morning between 2 AM and 7 AM - It really is a good read, and I recommend it if you have an interest in the history of the 20th century or in understanding how economic systems and human psychology interact.