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Devil Take the Hindmost: A History of Financial Speculation by  Edward Chancellor - Paperback - 1st - 2000 - from Abacus Bookshop and Biblio.com

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Devil Take the Hindmost: A History of Financial Speculation

by Chancellor, Edward

Condition: Fine copy


New York: Plume. Fine copy. 2000. 1st. softcover. 8vo, 386 pp. .

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.




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