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1929

Inside the Crash

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1929

By: Andrew Ross Sorkin
Narrated by: Andrew Ross Sorkin
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Brought to you by Penguin.

From the bestselling author of Too Big to Fail, “the definitive history of the 2008 banking crisis,” comes a spellbinding narrative of the most infamous stock market crash in history. With the depth of a classic history and the drama of a thriller, 1929 unravels the greed, blind optimism, and folly that led to an era-defining collapse—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 naivety in an endless boom led to wreckage. 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.

'One of the best narrative histories I've read' Wall Street Journal

'A new [Andrew Ross Sorkin] book is always at the top of my reading list' Bill Gates

'A real eye-opener...a work of true scholarship' Financial Times

© Andrew Ross Sorkin 2025 (P) Penguin Audio 2025

Americas Economic History Economics Investing & Trading Stocks United States Banking Thought-Provoking Wall Street Emotionally Gripping Socialism Taxation Capitalism
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Critic reviews

Sorkin's vivid and forensic account . . . is a real eye-opener . . . a work of true scholarship, the fruits of eight years of research by Sorkin drawing on an extensive array of materials, including personal correspondence and unpublished papers whose details have been woven into the story of the Great Crash for the first time. 1929 will have a distinct place within the Great Crash/Depression genre, just as did Too Big to Fail and for the same reasons—a people’s tragedy told through the lens of the leading players and their personalities, friends and families (Andy Haldane)
Totally fascinating, chilling... this is a fastidiously composed and gripping account of greed and ego versus accountability and responsibility colliding (Chris Evans)
Mr. Sorkin wisely tells this sprawling story in a focused way, reconstructing how crucial figures experienced the ructions almost hour by hour . . . Mr. Sorkin’s coverage of the crisis in 2008 was based on hundreds of interviews, but most of the people in this tale have been dead for decades. You would be forgiven for forgetting it. The combination of extensive research and a lively tone makes both the crash and the men involved feel more recent
In 1929 Andrew Ross Sorkin brings the drama of the crash to a high pitch. He has consulted weather reports, diaries, architectural records and every newspaper imaginable to create a vivid and historically accurate account of the boom, crash, and aftermath. Although Mr. Sorkin offers hints that the crash looms larger in our memory than it did in the moment, his focus is on portraying the lives of the people who lived through it. It is one of the best narrative histories I’ve read
Vivid, pacy, a gallery of finely drawn pen portraits... shows how delusion, myopia and greed led to financial disaster... [Sorkin] reconstructs a Wall Street that is at once a period piece and familiar setting (Pratinav Anil)
An absolutely riveting & illuminating account of the '29 market crash, one that clarifies many misinterpretations & has deep resonance today (David Grann, New York Times bestselling author)
Groundbreaking... Whereas Galbraith saw the crash through the lens of economics, Sorkin comes at it as a scoop-driven storytelling business journalist, of which he is one of the best. Having written the definitive fly-on-the-wall account of the financial crisis of 2008, Too Big to Fail, and co-created the hit hedge fund television melodrama Billions, Sorkin is again strong on character, drama and narrative, bringing events and long-dead personalities to life in all their complexity and colour (Matthew Bishop)
One of my books of 2025... a character-led study of the events leading up to the Great Crash (Lewis Goodhall)
All stars
Most relevant
​I recently finished listening to the audiobook of 1929: Inside the Crash by Andrew Ross Sorkin, and honestly, I couldn't press pause! It is a massive topic, but this book was such a wonderful surprise.

​What intrigued me most was seeing just how little has changed in 100 years. The book dives deep into the market manipulation by big banks back then, and it is genuinely wild to see the same patterns repeating. The author was incredibly thorough, yet he writes in a way that never feels heavy or academic.

Instead, it flows like a diary account of events, which made the complex timeline so easy to understand.

​The most chilling part for me was spotting the connections to our own times. You can draw a straight line from the chaos of 1929 to the 2008 crash, and even right up to the global debt spiral we are seeing now in 2025/26. It really makes you realise that while the laws might change, human nature and greed often stay the same.

​Despite the serious subject, it was a joy to listen to. The narrator was lively and had a beautiful voice that kept me hooked the entire time—it was genuinely hard to put down.

​If you want a history book that feels urgent and reads like a thriller, I would definitely recommend this. It is a solid five-star listen for me!

A Timely Warning from History: 5 Stars for '1929'

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Dramatic saga of the fallibility of human nature, entitlement, and the danger of complacency in the absence of effective oversight.

Outstanding

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Very informative and well told. Amazing how politicians are so partisan in the US then and now.

A really good book!

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This book is great. It’s a fantastic history lesson and an interesting tale of how greed can ruin an economy. I never knew how big a role leverage played in the 1929 crash, nor the efforts some went to, in order to try to prevent the crash! The only reason it’s not a 5 star review is because I feel the book is a little bit longer than it needs to be. Some chapters could be shorter!

1929

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Book is extremely well written and narrated. What is unfortunately missing is mentioning of the outcome outside of USA namely World War 2. Without taking in consideration impact 1929 crash had on the rest of the world and the rise of Nazism and Communism is incomplete. It would good include it in 2nd edition of this otherwise great book.

Great but missing epilogue

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