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This Author: Edward Chancellor
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Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor

Devil Take the Hindmost: A History of Financial Speculation

by Edward Chancellor


Title Details

Narrator
Publisher
 
Unabridged Edition
Running Time
13 Hrs. 29 Min.

Description

Devil Take the Hindmost is a lively, original, and challenging history of stock market speculation from the 17th century to the present day. 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 (where wine sold at auction by an "inch of a candle"), to the infamous South Sea Bubble of 1719, which prompted investor Sir Isaac Newton to comment, "I can calculate the motion of heavenly bodies, but not the madness of people." 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.


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