The Government of Markets

Language: English

Published by Springer Jan 2019, 2019

3319931830 / 9783319931838

Series: Book 32 of 40 - Palgrave Studies in the History of Finance

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This item is printed on demand - Print on Demand Titel. Neuware -Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer publicly available to describe in detail the discussions inside the CBOT and the often private and confidential negotiations between industry leaders and government officials. This work suggests that, contrary to the accepted story, what we now know of as modern futures markets were heavily co-constructed through a meaningful long-term collaboration between a progressive CBOT leadership and an extremely knowledgeable and pragmatic US federal government. The industry leaders had a difficult time evolving the modern institutions in the face of powerful reactionary internal forces. Yet in the end the CBOT, by co-opting and cooperating with federal officials, ledthe exchange and Chicago markets in general to a near century of global dominance. On the federal government side, knowledgeable technocrats and inspired politicians led an information and analysis explosion while interacting with industry, both formally and informally, to craft better markets for all.Springer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 344 pp. Englisch.

Seller Inventory # 9783319931838

Title
The Government of Markets
Author
Rasheed Saleuddin
Publisher
Springer Jan 2019
Publication year
2019
Condition
Neu
Binding
Buch
Language
English
ISBN 10
3319931830
ISBN 13
9783319931838
Item weight
558 grams
Dimensions
216x153x24 mm
Series
Book 32 of 40: Palgrave Studies in the History of Finance

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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