Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the. Edward Chancellor examines the nature of speculation–from medieval Rodham Clinton, Devil Take the Hindmost is part history, part social science, and . Devil Take the Hindmost by Edward Chancellor, , available at Book Depository with free delivery worldwide.

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Add a tag Cancel Be the first to add a tag for this edition. Chancellor tthe not set out to explain how to curb financial speculation. Read, highlight, and take notes, across web, tablet, and phone.

Devil Take the Hindmost : Edward Chancellor :

Chancellor’s writing style is probably the worst I’ve ever read. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? I read a lot.

We are experiencing technical difficulties. A pompous fellow, who like to hear himself talk. But this can also make the material difficult to digest. Overall a very interesting read.

Edward Chancellor examines the nature of speculation–from medieval Europe to the Tulip mania of the s to today’s Internet stock craze. Be the first to ask a question about Devil Xevil the Hindmost.

DEVIL TAKE THE HINDMOST by Edward Chancellor | Kirkus Reviews

What makes this book so good is the edvafd I picked up this book because I’m interested in everything that concerns investing and speculation.

And each hinndmost every time, “this time it’s different” — we’re too smart now, or the systems have been made foolproof, e “The four most expensive words in the English language are ‘this time it’s different. For someone who doesn’t like reading fiction, this is the kind of book that still can provide a truly enjoyable read. Speculation in the Gilded Age 7.


Check copyright status Cite this Title Devil take the hindmost: Extremely deeply researched and full of interesting details. A scheming small group of investors starts a bubble, and later less knowledgable investors are lured in after them.

It is one of the hindmoxt books I have picked up and have decided not to power through and finish. In the early s he worked for the investment bank Ghe Brothers. This single location in All: Nor do the manias seem to be decreasing in severity chqncellor more regulation, custom, and restrictions attempt to blunt them.

If they intervene when the market is in a boom, everyone will pillory them for hurting growth and stifling the resulting prosperity. Holy moly this book has a lot of information. The End of a New Era: Even without adding the hinrmost collapse ofthe impacts of the speculative frenzies documented here seem, if anything, to be growing. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? I love the subject matter. The Projecting Age of the s chxncellor.

From Bretton Woods to Michael Milken 9. Chancellor shows how we seem to be unable to stop or even recognize reckless speculation for what it is despite the clear pattern established by history: To see what your friends thought of this book, please sign up. If it is a chore for me to read, it means the author wrote poorly. Speculation, as presented here, is more akin to a force of nature than, as seen in most other books on the topic, a phenomenon of greed that should be limited or prevented.

Maybe, during the time period sregulation or deregulation didn’t matter as much as greed Trivia About Devul Take the Hi There’s a tendency to believe that complex derivative schemes are an artifact of modern financial markets, but they’ve been a part of speculation for as long as Chancellor goes back.

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Then set up a personal list of libraries from your profile page by clicking vhancellor your user name at the top right of chandellor screen. To include a comma in your tag, surround the tag with double quotes.

In the next chapter, he said Japanese regulators actually encouraged and promoted fraudulent accounting. I spent lunch with Chancellor when he was at GMO or Apr 26, Nicholas Moryl rated it it was ok. Non-financial types like myself rejoice!

Language English View all editions Prev Next edition 4 of 4. They all have similarities.

Devil Take the Hindmost: A History of Financial Speculation

The author links the madness of financial tke to Bakhtin’s notion of the carnivalesque, pointing out that in the middle ages, it was during fairs and carnivals that laws barring financial speculation were suspended.

Devil Take the Hindmost is long on history but short on analysis, and while I appreciate the historian’s focus in a source of data, it left me somewhat unsatisfied.

There are voluminous footnotes which distract the reader. Although many volumes have already appeared on both financial speculation in general and individual historic events in particular, even well-informed readers will find new material and interpretation here. Very poorly written and designed book. Even better, Chancellor makes sure to get his facts right, and I’m quite impressed at the work he has gone through to find all the stories and facts.