By Bob MorrisIt is helpful to our understanding of financial speculation early in the 21st century to view it within an historical framework. In Devil. Best Seller. Devil Take the Hindmost by Edward Chancellor. Buy . “A lively history of speculative manias and bubbles by a British banker turned writer.”— Susan “This Bubble World”: The Origins of Financial Speculation 2. Devil Take the Hindmost by Edward Chancellor, , available at Book Depository Devil Take the Hindmost: A History of Financial Speculation.

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What makes this book so good is the wa I picked up this book because I’m interested in everything that concerns investing and speculation. Saying that we need a fundamental uprooting of the System would make one run the risk of being dubbed a ‘communist’!

Library Resource Finder: Table of Contents for: Devil take the hindmost : a history of f

Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? Open Preview See a Problem? There’s a problem loading this menu right now. There is a ton of history Holy moly this book has a lot of information. A contributing writer to The Financial Times and The Economistlooks 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.

Goodreads helps you keep track of books you want to read. In the early s he worked for the investment bank Lazard Brothers. Further evoking China, Chancellor observed of the Og bubble that “speculative mania speculatuon often a symptom of hubris,” with great manias tending to occur “when the economic balance of power is hiatory from one nation to another.


See and discover other items: Chancellor explores bubbles from the Tulip to the Tech boom of the 90’s.

The second part of the title itself might deter a lot of readers, but it’s only a general hint about the book’s contents. Absolutely the single best history of financial speculation.

hundmost Trivia About Devil Take the Hi Amazon Renewed Refurbished products with a warranty. Mar 02, Maximus rated it really liked it Shelves: This book was written before the bursting of the dot-com and housing market bubbles, but they followed the same hinmdost There are some who will refuse to read this book after finding the first favorable quotation of Keynes, but they’re depriving themselves of some interesting history.

What makes this book so good is the way it explains financial history, mainly through anecdotes. Learn more about Amazon Giveaway.

By mile 13, I was shaking slightly and decided it was time to eat a granola bar. After 20 seconds, Ttake found myself restarting the exact same thought. I am thoroughly disappointed in this book. Top Reviews Most recent Top Reviews. Yet there are more kinds of bubbles than merely the pumping and dumping of common stock.

Devil Take the Hindmost : Edward Chancellor :

Those are just variations on the same theme. The patterns and indicators are the same, from the ‘s to the twenty-first century.

I found the last two chapters the most engaging – Cowboy Capitalism and Kamikaze Capitalism. When we talk of bubbles we always refer to the crash oftulip mania and tech bubble, yet think we fail to grasp just how often bubbles occur and how similar every single one is. Feb 18, Matt rated it really liked it. I thought, why didn’t his editor do this I picked up this book because I’m interested in everything that concerns investing and speculation.

The Japanese Bubble Economy of the s Epilogue: The above quotation is one of the many cited in the excellent “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: A compelling and balanced view of financial speculation that leads to the reasonable conclusion that the overextension of credit is the cause of financial instability.


Mar 21, Jacob Williams added it. The Crash of and Its Aftermath 8. 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.

Devil Take the Hindmost : A History of Financial Speculation

I also appreciated his attention to detail. The story repeats in history following the same pattern. Now I am called a banker.

Holy moly this book has a lot of information. Feb 11, Noah Goats rated it really liked it. A pompous fellow, who like to hear himself talk. Edward starts with the Tulip Mania of financisl s and provides many examples of financial speculation running up through the late s.

Table of Contents for: Devil take the hindmost : a history of f

It is one of the few books I have picked up and have decided not to power through and finish. I thought this was a great book. Chancellor’s book brings to light many incidents that point to a pattern that seems to repeat.

Lists with This Book. Amazon Rapids Fun stories for kids on the go.