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Devil Take the Hindmost: A History of Financial Speculation
Written by:
Edward Chancellor
Narrated by:
Nigel Patterson
Unabridged Audiobook
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Ratings
Book
3
Narrator
1
Release Date
February 2019
Duration
13 hours 31 minutes
Summary
Devil 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.
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Reviews
Anonymous
Excellent book, very well documented
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Devil Take the Hindmost: A Histor...
Edward Chancellor
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