Devil Take the Hindmost: A History of Financial Speculation - Couverture rigide

Chancellor, Edward

Couverture rigide

ISBN 10 : 0333648242 ISBN 13 : 9780333648247

Editeur : Macmillan, 1999

Synopsis

This is a challenging history of the role of financial speculation from early modern times to the end of the 20th century. Focusing on speculation as it developed in the world's leading stock markets, the story starts with the tulipomania in 17th-century Holland, then moves to Britain with accounts of famous speculative manias (the South Sea Bubble, Railway mania) and to America with chapters on the roaring twenties, the junk bond revolution of the 1980s and finally the bubble economy of Japan in the 1980s.

A propos du livre

Présentation de l'éditeur

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? Edward Chancellor examines the nature of speculation--from medieval Europe to the Tulip mania of the 1630s to today's Internet stock craze. A contributing writer to The Financial Times and The Economist, looks at both the psychological and economic forces that drive people to "bet" their money in markets; how markets are made, unmade, and manipulated; and who wins when speculation runs rampant. Drawing colorfully on the words of such speculators as Sir Isaac Newton, Daniel Defoe, Ivan Boesky, and Hillary Rodham Clinton, Devil Take the Hindmost is part history, part social science, and purely illuminating: an erudite and hugely entertaining book that is more timely today than ever before.

Revue de presse

“The subtle ways in which individual investors become drawn into crowd behavior is a much studied phenomenon, covered brilliantly... in the book Devil Take the Hindmost.”—The Daily Telegraph (London)
 
“The South Sea Company is one of the great bubble and crash stories. Many books have referred to it. One of the finest is Devil Take the Hindmost.”—Debashis Basu, Money Life
 
“Excellent.”—City A.M.
 
“[An] essential history of financial manias.”—The Observer
 
“A lively history of speculative manias and bubbles by a British banker turned writer.”—Susan Adams, Forbes

Détails de l'édition

• Éditeur: Macmillan
• Date d'édition: 1999
• Langue: anglais
• ISBN 10: 0333648242
• ISBN 13: 9780333648247
• Reliure: Relié
• Nombre de pages: 400
• Coordonnées du fabricant: non disponible
• Personne responsable: Koch-Chemie GmbH; https://www.koch-chemie.com; ; Einsteinstr. 42; Unna; 59423; Allemagne