A History of the Global Stock Market: From Ancient Rome to Silicon Valley - Softcover

Smith, B. Mark

Softcover

ISBN 10: 0226764044 ISBN 13: 9780226764047

Publisher: University of Chicago Press, 2004

Synopsis

The stock market is central to the global economy. Tens of millions of people look to it to provide for a comfortable retirement. Central bankers watch it closely as they set monetary policy. Businesses around the world are forced to adjust the way they operate to meet the demands of equity investors. Yet very little has been written about how the modern global stock market came to be. In A History of the Global Stock Market, B. Mark Smith weaves an entertaining tale that ranges from medieval trading companies and nineteenth-century robber barons to modern theorists and international speculators. Here, Smith debunks the popular myth that the market is inevitably subject to recurring speculative bubbles and discredits the notion that the current "globalization" of the market is something radically different from what has occurred in the past.

Informative, entertaining, and written for specialists and non-specialists alike, A History of the Global Stock Market is a worthy read for anyone who wants to understand the role of the stock market in the global economy.

About this title

About the Author:

"A professional stock trader for nearly twenty years, B. Mark Smith is the author of Toward Rational Exuberance: The Evolution of the American Stock Market.

About this edition

• Publisher: University of Chicago Press
• Publication date: 2004
• ISBN 10: 0226764044
• ISBN 13: 9780226764047
• Binding: Paperback
• Edition number: 1
• Number of pages: 350