EH.Net Answers from the Professor

The Question

What was the main cause of the stock market crash of 1929? I am trying to prove that it was the panic of the investors. If possible, please give me sources that agree/disagree with my theory.


The Answer

Some resources which you may want to consult include:

Bierman, Harold Jr. _The Great Myths of 1929 and the Lessons to be Learned_. New York: Greenwood Press, 1991.

Kindleberger, Charles P. _The World in Depression, 1929-1939_. Berkeley: University of California Press, c1986.

Galbraith, John Kenneth. _The Great Crash, 1929_. Boston: Houghton Mifflin, 1955.