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内容简介:
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, Chancellor
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.
书籍目录:
Preface: Devil Take the Hindmost
1. "This Bubble World": The Origins of Financial Speculation
2. Stockjobbing in 'Change Alley: The Projecting Age of the
1690s
3. "The Never-to-Be-Forgot or Forgiven South-Sea Scheme"
4. Fool's Gold: The Emerging Markets of the 1820s
5. "A Ready Communication": The Railway Mania of 1845
6. "Befooled, Bewitched and Bedeviled": Speculation in the Gilded
Age
7. The End of a New Era: The Crash of 1929and Its Aftermath
8. Cowboy Capitalism: From Bretton Woods to Michael
Milken
9. Kamikaze Capitalism: The Japanese Bubble Economy of the
1980s
Epilogue: The Case of the Rogue Economists
Notes
For Further Reference
Acknowledgments
Index
作者介绍:
Edward Chancellor studied history in Great Britain at both
Cambridge and Oxford Universities. In the early 1990s he worked for
the investment bank Lazard Brothers. He is a freelance
journalist.
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书籍介绍
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 , Chancellor 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.
"Entertaining, useful, admirable scholarship . . . Chancellor seems to have read everything." --Adam Smith, The New York Times Book Review
"Anyone contemplating a stock market venture and certainly anyone now involved should read this book."--John Kenneth Gailbraith
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