The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed, has brought financial chaos and excessive financial volatility. This work describes and compares US and British financial history during this period. It highlights: similarities in financial developments between the two countries; consumer democracy - have the wishes of consumers dominated exchange rate policy?; the decline of the small investor and the hegemony of financial institutions; and how the floating exchange rates are...
The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has fol...
An intriguing history of the futures market and speculation From Jay Gould's attempt to corner the gold market in the 1860s to the Hunt brothers' scandalous efforts to control the silver market in the 1980s, Wheels of Fortune traces the rich, colorful history of the futures market on its quest for respectability and profit. This comprehensive account shows readers why the markets have been grabbing headlines for over 100 years as both respectable economic institutions and hotbeds of gambling activity and scandal. Charles Geisst brings the personalities and strategies behind the futures...
An intriguing history of the futures market and speculation From Jay Gould's attempt to corner the gold market in the 1860s to the Hunt brothers...
A critical look at over 80 years of conflict, collusion, and corruption between financiers and politicians Undue Influence paints a vivid portrait of the dealings between "the few," in this case members of Congress, the banking community, and the Fed, and sheds light on how radical new deregulatory measures could be introduced by unelected officials and then foisted upon Congress in the name of progress. In the process, the background of the new financial elite is examined-because they are markedly different than their predecessors of the 1920s and 1930s. Undue Influence also brings...
A critical look at over 80 years of conflict, collusion, and corruption between financiers and politicians Undue Influence paints a vivid portra...
This two-volume, A-to-Z encyclopedia provides detailed coverage of America's business history, from the Hudson fur trade to the Internet. More than 400 lively, informative entries profile corporate titans and tycoons, Wall Street wizards, industry leaders, and major events and institutions of American business--spanning the period after American independence to the present day. Each entry is accompanied by a short bibliography and is cross-referenced to related entries, enabling readers to pursue the topic further. An introduction offers a general account of the topic, and a chronology helps...
This two-volume, A-to-Z encyclopedia provides detailed coverage of America's business history, from the Hudson fur trade to the Internet. More than 40...
This groundbreaking new work presents the first financial history of the United States in the 20th century from the commercial and investment banking perspective. The author traces the development of both industries from the 1920s through the conditions of the present marketplace and looks at the simultaneous development of the federal regulatory agencies that grew up around the financial markets. Arguing that the ideal of an American Dream finds its best tangible expression in the ways in which the financial markets have been used to foster and protect the ideals of quality housing,...
This groundbreaking new work presents the first financial history of the United States in the 20th century from the commercial and investment banki...
This is the first history on the subject of foreign investment in the United States since 1920. It shows how the United States changed from a debtor nation to a supplier of capital to the rest of the world, and then details the structural shifts to this creditor position after the breakdown of the Bretton Woods system in 1972. Geisst demonstrates that the United States has always been a magnet for foreign portfolio and direct investment. Traditionally, this has come from northern European or Canadian sources, but in the 1970s the Japanese became a major force. Currently, both types of...
This is the first history on the subject of foreign investment in the United States since 1920. It shows how the United States changed from a debto...
Predatory lending: A problem rooted in the past that continues today. Looking for an investment return that could exceed 500 percent annually; maybe even twice that much? Private, unregulated lending to high-risk borrowers is the answer, or at least it was in the United States for much of the period from the Civil War to the onset of the early decades of the twentieth century. Newspapers called the practice "loan sharking" because lenders employed the same ruthlessness as the great predators in the ocean. Slowly state and federal governments adopted laws and regulations...
Predatory lending: A problem rooted in the past that continues today. Looking for an investment return that could exceed 500 percent annual...
From the Roman Empire to the most recent financial crisis, this comprehensive economic history examines humanity's attempts to curb the abuse of debt while reaping the benefits of credit.
From the Roman Empire to the most recent financial crisis, this comprehensive economic history examines humanity's attempts to curb the abuse of debt ...
