Devil Take the Hindmost
A History of Financial Speculation
A lively, original, and challenging history of stock market speculation from the 17th century to present day.
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?
In 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: from the tulip scandal of 1630s Holland, to “stockjobbing” in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, “I can calculate the motion of heavenly bodies, but not the madness of people.”
Here are brokers underwriting…
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June 1, 2000Edward 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, and lives in London.
