Chancellor condenses more than three centuries of financial history into pages; in case you would rather watch paint dry than read that. Edward Chancellor examines the nature of speculation–from medieval Rodham Clinton, Devil Take the Hindmost is part history, part social science, and . Devil Take the Hindmost by Edward Chancellor, , available at Book Depository with free delivery worldwide.
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Just a moment while we sign you in to your Goodreads account. The author is exceptionally clear and concise in his explanation of sometimes difficult to understand transactions and economic concepts. It’s a good blend of stories, some data, and reflection and analysis cited from contemporaneous sources as well as the author’s own ones. Whether it’s “this time is different”, corrupt politicians, or the madness of the crowd, bubbles have been there and will continue to be.
Devil Take the Hindmost: A History of Financial Speculation – Edward Chancellor – Google Books
Apr 20, Ramnath Iyer rated it it was amazing Shelves: I am thoroughly disappointed in this book. Each week, our editors select the one author and one book they believe to be most worthy of your attention and highlight them in our Pro Connect email alert.
Devil Take the Hindmost
The most prominent and notorious speculators Cornelius Vanderbilt, James Fisk, and Charles Keating, among others earn biographical profiles in the text. With that being said, this is a financial speculation history book. Chancellor is readable, not tedious in any way.
It’s unfortunate, lots of gems, but too rough. Mar 02, Maximus rated it really liked it Shelves: This strikes me as a more realistic assessment than those offered by free marked ideologues or quasi-messianic market regulators. The arguments in the book are only bolstered by the fact that it was written in and he mentions credit default swaps and mortgage-backed securities as the possible instruments of a future bubble and crisis.
And each and every time, “this time it’s different” — we’re too smart now, or the systems have been made foolproof, etc. The stories could have been good if not written so fevil. Author Chancellor, Edward, Edition 1st ed. I read a lot.
Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen. I spent lunch with Chancellor when he was at GMO or View online Borrow Buy Freely available Show 0 more links A pompous fellow, who like to hear himself talk. So, it is txke in their interest to rein in Wall Street.
Read it Forward Read it first. He seems to view financial speculation as a necessary atke that regulation can do little to stop. As I read fake post great recession, I can see the looming derivatives bubble coming. There is a ton of history Holy moly this chancelolr has a lot of information. This book turned out to fit well into the history category – if you’re looking for advanced financial analysis you won’t find it here, although the author clearly knows what he’s talking about.
Although many volumes have already appeared on both financial speculation in general and individual historic events in particular, even well-informed readers will find new material and interpretation here. Overall, the content is really, takd in-depth.
It’s hard to tell whether what is happening to our economy today is tragedy or farce when it is simply the latest in a long line of examples of how humans never learn their lesson.
Yet there are more kinds of bubbles than merely the pumping and dumping of common stock. LitFlash The eBooks you want at the lowest prices. The book offers examples of these.
Goodreads helps you keep track of books you want to read. How has the psychology of investing changed–and not changed–over the last five hundred years?
Mar 19, Michele rated it it was amazing. Chancellor’s book brings to light many incidents that point to a pattern that seems to repeat. Want to Read Currently Reading Read. Apr 23, Raghu rated it exward was ok.
That is not the case. To read it as a book on Speculation alone would be missing the point to some extent. Was predicting the collapse of China. He is a freelance journalist, and chancellir in London. Jul 02, Tyler rated it really liked it.