A History of the Global Stock Market

Smith B Mark
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... Read More
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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.

More Information
Publisher University of Chicago Press
ISBN-10 0226764044
ISBN-13 9780226764047
GTIN-13 9780226764047
GTIN-14 09780226764047
Subtitle From Ancient Rome to Silicon Valley
Author Smith B Mark
Edition 1
Language Code eng
Page Count 350
Publication Date Sep 30, 2004
Dimension 6.08 in 8.98 in 0.78 in