The speculation economy : how finance triumphed over industry /
Mitchell explains when, how, and why the stock market became the driving force of the American economy. Starting in the first decade of the 20th century, he tells the story of the legal, financial, economic, and social changes that allowed financiers to create large corporations for the main purpose...
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| Format: | Book |
| Language: | English |
| Published: |
San Francisco, CA :
Berrett-Koehler Publishers,
[2007]
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| Edition: | 1st ed. |
| Series: | BK currents book.
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| Subjects: | |
| Online Access: | Table of contents only |
| Summary: | Mitchell explains when, how, and why the stock market became the driving force of the American economy. Starting in the first decade of the 20th century, he tells the story of the legal, financial, economic, and social changes that allowed financiers to create large corporations for the main purpose of manufacturing stock and dumping it on the market. He shows how the federal government, wedded to an outdated economic model, failed to regulate finance and thus missed the chance to control corporations. |
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| Physical Description: | xiii, 395 pages ; 24 cm. |
| Bibliography: | Includes bibliographical references (pages 344-377) and index. |
| ISBN: | 9781576754009 (hardcover : alk. paper) 1576754006 (hardcover : alk. paper) |