Download Book Devil Take the Hindmost: A History of Financial Speculation Writen By Edward Chancellor

Devil Take the Hindmost: A History of Financial Speculation

By : Edward Chancellor

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Book Synopsis :

A lively, original, and challenging history of stock market speculation from the 17th century to present day.Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the psychology of investing changed--and not changed--over the last five hundred years? In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to "stockjobbing" in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, "I can calculate the motion of heavenly bodies, but not the madness of people."Here are brokers underwriting risks that included highway robbery and the "assurance of female chastity"; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and

Book Detail :

Author : Edward Chancellor

Pages : 400 pages

Publisher : Plume Books

Language :

ISBN-10 : 0452281806

ISBN-13 : 9780452281806

 

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