Freaks of Fortune: The Emerging World of Capitalism and Risk in America by Jonat

Description: FREE SHIPPING UK WIDE Freaks of Fortune by Jonathan Levy Until the early nineteenth century, "risk" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions-insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets-while posing inescapable moral questions. For at the heart of risks rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage ones own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name "financial services industry." Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system.Amid the nineteenth-centurys waning faith in Gods providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortuneis one of the first books to excavate the historical origins of our own financialized times and risk-defined lives. FORMAT Paperback LANGUAGE English CONDITION Brand New Author Biography Jonathan Levy is Associate Professor of History at the University of Chicago. Details ISBN0674736354 Author Jonathan Levy Pages 432 Language English Year 2014 ISBN-10 0674736354 ISBN-13 9780674736351 Format Paperback Publisher Harvard University Press Imprint Harvard University Press Subtitle The Emerging World of Capitalism and Risk in America Place of Publication Cambridge, Mass Country of Publication United States DEWEY 330.122097309034 Media Book Short Title FREAKS OF FORTUNE Illustrations 5 tables Publication Date 2014-11-24 UK Release Date 2014-11-24 AU Release Date 2014-11-24 NZ Release Date 2014-11-24 US Release Date 2014-11-24 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! 30 DAY RETURN POLICY No questions asked, 30 day returns! FREE DELIVERY No matter where you are in the UK, delivery is free. SECURE PAYMENT Peace of mind by paying through PayPal and eBay Buyer Protection TheNile_Item_ID:161736772;

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End Time: 2024-11-03T06:49:21.000Z

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