000 02101nam a22002297a 4500
003 IIITD
005 20231017163630.0
008 231017b xxu||||| |||| 00| 0 eng d
020 _a9780452281806
040 _aIIITD
082 _a332.64
_bCHA-D
100 _aChancellor, Edward
245 _aDevil take the hindmost :
_ba history of financial speculation
_cby Edward Chancellor
260 _bPenguin,
_aNew York :
_c©2000
300 _axiv, 386 p. ;
_c23 cm.
500 _aIncludes bibliographical references (pages 351-370) and index.
505 _t1. "This bubble world": the origins of financial speculation
_t2. Stockjobbing in 'Change Alley: the projecting age of the 1690s
_t3. "The never-to-be-forgot or forgiven South-Sea Scheme"
_t4. Fool's gold: the emerging markets of the 1820s
_t5. "A ready communication": the railway mania of 1845
_t6. "Befooled, bewitched and bedeviled": speculation in the gilded age
_t7. The end of a new era: the crash of 1929 and its aftermath
_t8. Cowboy capitalism: from Bretton Woods to Michael Milken
_t9. Kamikaze capitalism: the Japanese bubble economy of the 1980s.
520 _aDevil Take the Hindmost is a lively, original, and challenging history of stock market speculation from the seventeenth century to the present day. 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 (where wine sold at auction by an "inch of a candle"), to the infamous South Sea Bubble of 1719, which prompted investor 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 Hillary Rodham Clinton.
650 _aFinance -- History.
650 _aSpeculation -- History.
942 _2ddc
_cBK
999 _c171805
_d171805