'I never enjoyed writing a book more indeed, it is the only one I remember in no sense as a labor but as a joy.' Galbraith received much praise for his work, including his humorous observations of human behavior during the speculative stock market bubble and subsequent crash. Galbraith chose to concentrate on the days that ushered in the depression. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt. Galbraith wrote the book during a break from working on the manuscript of what would become The Affluent Society. It was Galbraith's belief that a good knowledge of what happened in 1929 was the best safeguard against its recurrence. The book argues that the 1929 stock market crash was precipitated by rampant speculation in the stock market, that the common denominator of all speculative episodes is the belief of participants that they can become rich without work and that the tendency towards recurrent speculative orgy serves no useful purpose, but rather is deeply damaging to an economy. It is an economic history of the lead-up to the Wall Street Crash of 1929.

The Great Crash, 1929 is a book written by John Kenneth Galbraith and published in 1955.

Galbraith the great crash