A History of the Global Stock Market by Bm Smith

A History of the Global Stock Market by Bm Smith

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.

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.

SKU	Unavailable
ISBN 13	9780226764047
ISBN 10	0226764044
Title	A History of the Global Stock Market
Author	Bm Smith
Condition	Unavailable
Binding Type	Paperback
Publisher	The University of Chicago Press
Year published	2004-10-01
Number of pages	344
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.