Andrew Ross Sorkin's new book, 1929, reexamines Wall Street's crash through human drama, drawn from archives including JP Morgan partner Thomas Lamont's papers. Eschewing charts for character, Sorkin profiles Charlie Mitchell, Carter Glass, and John Raskob, dispelling myths (no wave of window leaps) and tracing how speculation, easy credit, and tariffs fed a downturn. He nods to modern echoes - tariffs, democratizing finance, and Fed debates - while resisting neat parallels. Influenced by narrative business classics, the Too Big to Fail author and Billions co-creator centers the people whose choices shaped the catastrophe.
Prepared by Christopher Adams and reviewed by editorial team.
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