Devil Take the Hindmost: A History of Financial Speculation

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Chronicles timeless tales of speculative investment folly.

If you've ever been curious about the often irrational exuberance that can grip investors, "Devil Take the Hindmost" is like peeling back the curtain on financial history's most intriguing dramas. Edward Chancellor doesn't just recount events; he delves into the human psyche that drives them, making it a compelling narrative that might just offer insights into today's market quirks and your own investing behaviors.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Devil Take the Hindmost: A History of Financial Speculation

Regular price $9.71
Unit price
per
Compare to estimated retail price: S$28.20  
ISBN: 9780452281806
Publisher: Plume
Date of Publication: 2000-06-01
Format: Paperback
Related Collections: Business, Economics, History, Politics
Related Topics: Finance, Money, Finance, Politics, History
Goodreads rating: 3.99
(rated by 2689 readers)

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Description

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 Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the nineteenth century railway mania to the crash of 1929, from junk bonds and the Japanese bubble economy to the day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams and folly through the ages.
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Devil Take the Hindmost: A History of Financial Speculation
Devil Take the Hindmost: A History of Financial Speculation
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Chronicles timeless tales of speculative investment folly.

If you've ever been curious about the often irrational exuberance that can grip investors, "Devil Take the Hindmost" is like peeling back the curtain on financial history's most intriguing dramas. Edward Chancellor doesn't just recount events; he delves into the human psyche that drives them, making it a compelling narrative that might just offer insights into today's market quirks and your own investing behaviors.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.