Download or read book The Government of Markets written by Rasheed Saleuddin and published by Springer. This book was released on 2018-12-21 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer publicly available to describe in detail the discussions inside the CBOT and the often private and confidential negotiations between industry leaders and government officials. This work suggests that, contrary to the accepted story, what we now know of as modern futures markets were heavily co-constructed through a meaningful long-term collaboration between a progressive CBOT leadership and an extremely knowledgeable and pragmatic US federal government. The industry leaders had a difficult time evolving the modern institutions in the face of powerful reactionary internal forces. Yet in the end the CBOT, by co-opting and cooperating with federal officials, led the exchange and Chicago markets in general to a near century of global dominance. On the federal government side, knowledgeable technocrats and inspired politicians led an information and analysis explosion while interacting with industry, both formally and informally, to craft better markets for all.

Download or read book The New England Watch and Ward Society written by Paul Charles Kemeny and published by Oxford University Press. This book was released on 2018 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New England Watch and Ward Society provides a new window into the history of American Protestantism during the late nineteenth and early twentieth centuries. By suppressing obscene literature, gambling, and prostitution, the moral reform organization embodied Protestant efforts to shape public morality in an increasing intellectually and culturally diverse society.

Download or read book Horse Racing the Chicago Way written by Steven A. Riess and published by Syracuse University Press. This book was released on 2022-06-08 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chicago may seem a surprising choice for studying thoroughbred racing, especially since it was originally a famous harness racing town and did not get heavily into thoroughbred racing until the 1880s. However, Chicago in the late nineteenth and early twentieth centuries was second only to New York as a center of both thoroughbred racing and off-track gambling. Horse Racing the Chicago Way shines a light on this fascinating, complicated history, exploring the role of political influence and class in the rise and fall of thoroughbred racing; the business of racing; the cultural and social significance of racing; and the impact widespread opposition to gambling in Illinois had on the sport. Riess also draws attention to the nexus that existed between horse racing, politics, and syndicate crime, as well as the emergence of neighborhood bookmaking, and the role of the national racing wire in Chicago. Taking readers from the grandstands of Chicago’s finest tracks to the underworld of crime syndicates and downtown poolrooms, Riess brings to life this understudied era of sports history.

Download or read book Nature s Metropolis Chicago and the Great West written by William Cronon and published by W. W. Norton & Company. This book was released on 2009-11-02 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Finalist for the Pulitzer Prize and Winner of the Bancroft Prize. "No one has written a better book about a city…Nature's Metropolis is elegant testimony to the proposition that economic, urban, environmental, and business history can be as graceful, powerful, and fascinating as a novel." —Kenneth T. Jackson, Boston Globe

Download or read book The International Distribution of News written by Jonathan Silberstein-Loeb and published by Cambridge University Press. This book was released on 2014-02-24 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on newly available and extensive archival evidence, this book traces the history of international news agencies and associations around the world from 1848 to 1947. Jonathan Silberstein-Loeb argues that newspaper publishers formed news associations and patronized news agencies to cut the costs of news collection and exclude competitors from gaining access to the news. In this way, cooperation facilitated the distribution of news. The extent to which state regulation permitted cooperation, or prohibited exclusivity, determined the benefit newspaper publishers derived from these organizations. This book revises our understanding of the operation and organization of the Associated Press, the BBC, the Press Association, Reuters, and the United Press. It also sheds light on the history of competition policy respecting the press, intellectual property, and the regulation of telecommunications.

Download or read book Oxford Handbook of Commodities History written by Stubbs and published by Oxford University Press. This book was released on 2023 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Commodities provide a lens through which local and global histories can be understood and written. The study of commodities history follows these goods as they make their way from land and water through processing and trade to eventual consumption. It is a fast-developing field with collaborative, comparative, and interdisciplinary research, with new information technologies becoming increasingly important. Although many individual researchers continue to focus on particular commodities and regions, they often do so in partnership with others working on different areas and employing a range of theoretical and methodological approaches, placing commodities history at the forefront of local and global historical analysis. This Oxford Handbook features contributions from scholars involved in these developments across a range of countries and linguistic regions. They discuss the state of the art in their fields, draw on their own work, and signal lacunae for future research. Each of its 31 chapters focuses on an important thematic area within commodities history: key approaches, global histories, modes of production, people and land, environmental impact, consumption, and new methodologies. Taken together, the Oxford Handbook of Commodities History offers insight into the directions in which commodities history is heading, and the multiple ways in which it can contribute to a better understanding of the world"--

Download or read book The Political Economy of International Capital Mobility written by M. Watson and published by Springer. This book was released on 2007-07-03 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Matthew Watson draws a distinction between the spatial and the functional mobility of capital, allowing fresh insights into existing work on the subject whilst repoliticizing the very idea of capital being 'in motion'. The dynamics of capital mobility and the patterns of risk exposure are illustrated through four detailed global case studies.

Download or read book Pragmatism and the Political Economy of Cultural Revolution 1850 1940 written by James Livingston and published by Univ of North Carolina Press. This book was released on 2000-11-09 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of corporate capitalism was a cultural revolution as well as an economic event, according to James Livingston. That revolution resides, he argues, in the fundamental reconstruction of selfhood, or subjectivity, that attends the advent of an 'age of surplus' under corporate auspices. From this standpoint, consumer culture represents a transition to a society in which identities as well as incomes are not necessarily derived from the possession of productive labor or property. From the same standpoint, pragmatism and literary naturalism become ways of accommodating the new forms of solidarity and subjectivity enabled by the emergence of corporate capitalism. So conceived, they become ways of articulating alternatives to modern, possessive individualism. Livingston argues accordingly that the flight from pragmatism led by Lewis Mumford was an attempt to refurbish a romantic version of modern, possessive individualism. This attempt still shapes our reading of pragmatism, Livingston claims, and will continue to do so until we understand that William James was not merely a well-meaning middleman between Charles Peirce and John Dewey and that James's pragmatism was both a working model of postmodern subjectivity and a novel critique of capitalism.

Download or read book Modern Financial Techniques Derivatives and Law written by Southern Methodist University. Institute of International Banking and Finance and published by Kluwer Law International B.V.. This book was released on 2000-08-08 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines both the UK and international regulation, as well as the case law and legislation affecting a wide spectrum of modern financial techniques. Within the scope of those financial techniques are the broad range of instruments, structures and contracts deployed by global financial markets in relation to corporate customers, sovereign entities and other public sector bodies. The essays in this collection are concerned with the nature of the modernity of financial products like derivatives, and the particularly acute challenge that they pose both to the control of financial markets by private law and by established means of regulation. Much of the book focuses on derivatives as exemplars of this broader context. The authors analyse practical and theoretical issues as diverse as credit derivatives, dematerialised securities, the ISDA EMU protocol, and the OTC derivatives market, as well as the regulation of financial products, the economics of financial techniques, and the international regulatory framework. They examine issues of private law, including the legal implications of immobilisation and dematerialisation in collateral transactions, seller liability in credit derivatives markets and fraud. The essays examine the benefits and shortcomings of various legal mechanisms and methods of financial regulation, and suggest new approaches to the questions facing the law of international finance. The essays in this book arose out of the W.G. Hart workshop on Transnational Corporate Finance and the Challenge to the Law held at the Institute of Advanced Legal Studies in London in 1998.

Download or read book Chicago written by Frederik Byrn Køhlert and published by Cambridge University Press. This book was released on 2021-09-23 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chicago occupies a central position in both the geography and literary history of the United States. From its founding in 1833 through to its modern incarnation, the city has served as both a thoroughfare for the nation's goods and a crossroads for its cultural energies. The idea of Chicago as a crossroads of modern America is what guides this literary history, which traces how writers have responded to a rapidly changing urban environment and labored to make sense of its place in - and implications for - the larger whole. In writing that engages with the world's first skyscrapers and elevated railroads, extreme economic and racial inequality, a growing middle class, ethnic and multiethnic neighborhoods, the Great Migration of African Americans, and the city's contemporary incarnation as a cosmopolitan urban center, Chicago has been home to a diverse literature that has both captured and guided the themes of modern America.

Download or read book American Studies written by Jack Salzman and published by Cambridge University Press. This book was released on 1986-08-29 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an annotated bibliography of 20th century books through 1983, and is a reworking of American Studies: An Annotated Bibliography of Works on the Civilization of the United States, published in 1982. Seeking to provide foreign nationals with a comprehensive and authoritative list of sources of information concerning America, it focuses on books that have an important cultural framework, and does not include those which are primarily theoretical or methodological. It is organized in 11 sections: anthropology and folklore; art and architecture; history; literature; music; political science; popular culture; psychology; religion; science/technology/medicine; and sociology. Each section contains a preface introducing the reader to basic bibliographic resources in that discipline and paragraph-length, non-evaluative annotations. Includes author, title, and subject indexes. ISBN 0-521-32555-2 (set) : $150.00.

Download or read book The Rise of the Midwestern Meat Packing Industry written by Margaret Walsh and published by University Press of Kentucky. This book was released on 2021-09-15 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of the meat packing industry of the Midwest offers an excellent illustration of the growth and development of the economy of that major industrial region. In the course of one generation, meat packing matured from a small-scale, part-time activity to a specialized manufacturing operation. Margaret Walsh's pioneering study traces the course of that development, shedding light on an unexamined aspect of America's economic history. As the Midwest emerged from the frontier period during the 1840s and 1850s, the growing urban demand for meat products led to the development of a seasonal industry conducted by general merchants during the winter months. In this early stage the activity was widely dispersed but centered mainly along rivers, which provided ready transportation to markets. The growth of the railroads in the 1850s, coupled with the westward expansion of population, created sharp changes in the shape and structure of the industry. The distinct advantages of good rail connections led to the concentration of the industry primarily in Chicago, but also in St. Louis and Milwaukee. The closing of the Mississippi River during the Civil War insured the final dominance of rail transport and spelled the relative decline of such formerly important packing points as Cincinnati and Louisville. By the 1870s large and efficient centralized stockyards were being developed in the major centers, and improved technology, particularly ice-packing, favored those who had the capital resources to invest in expansion and modernization. By 1880, the use of the refrigerated car made way for the chilled beef trade, and the foundations of the giant meat packing industry of today had been firmly established. Margaret Walsh has located an impressive array of primary materials to document the rise of this important early industry, the predecessor and in many ways the precursor of the great industrial complex that still dominates today's midwestern economy.

Download or read book Wheels of Fortune written by Charles R. Geisst and published by John Wiley & Sons. This book was released on 2003-04-21 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 market and speculation in general to life, against a backdrop of American life that begins prior to the Civil War.

Download or read book Framing Finance written by Alex Preda and published by University of Chicago Press. This book was released on 2009-08-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the banking crisis and its effects on the world economy have made plain, the stock market is of colossal importance to our livelihoods. In Framing Finance, Alex Preda looks at the history of the market to figure out how we arrived at a point where investing is not only commonplace, but critical, as market fluctuations threaten our plans to send our children to college or retire comfortably. As Preda discovers through extensive research, the public was once much more skeptical. For investing to become accepted, a deep-seated prejudice against speculation had to be overcome, and Preda reveals that over the course of the eighteenth and nineteenth centuries groups associated with stock exchanges in New York, London, and Paris managed to redefine finance as a scientific pursuit grounded in observational technology. But Preda also notes that as the financial data in which they trafficked became ever more difficult to understand, charismatic speculators emerged whose manipulations of the market undermined the benefits of widespread investment. And so, Framing Finance ends with an eye on the future, proposing a system of public financial education to counter the irrational elements that still animate the appeal of finance.

Download or read book City of the Century written by Donald L. Miller and published by Simon and Schuster. This book was released on 1997-04-03 with total page 726 pages. Available in PDF, EPUB and Kindle. Book excerpt: A chronicle of the coming of the Industrial Age to one American city traces the explosive entrepreneurial, technological, and artistic growth that converted Chicago from a trading post to a modern industrial metropolis by the 1890s.

Download or read book The Horse in the City written by Clay McShane and published by JHU Press. This book was released on 2007-07-16 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Honorable mention, 2007 Lewis Mumford Prize, American Society of City and Regional Planning The nineteenth century was the golden age of the horse. In urban America, the indispensable horse provided the power for not only vehicles that moved freight, transported passengers, and fought fires but also equipment in breweries, mills, foundries, and machine shops. Clay McShane and Joel A. Tarr, prominent scholars of American urban life, here explore the critical role that the horse played in the growing nineteenth-century metropolis. Using such diverse sources as veterinary manuals, stable periodicals, teamster magazines, city newspapers, and agricultural yearbooks, they examine how the horses were housed and fed and how workers bred, trained, marketed, and employed their four-legged assets. Not omitting the problems of waste removal and corpse disposal, they touch on the municipal challenges of maintaining a safe and productive living environment for both horses and people and the rise of organizations like the American Society for the Prevention of Cruelty to Animals. In addition to providing an insightful account of life and work in nineteenth-century urban America, The Horse in the City brings us to a richer understanding of how the animal fared in this unnatural and presumably uncomfortable setting.

Download or read book Making Markets written by Mitchel Y. Abolafia and published by Harvard University Press. This book was released on 2001-10-30 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the wake of million-dollar scandals brought about by Michael Milken, Ivan Boesky, and their like, Wall Street seems like the province of rampant individualism operating at the outermost extremes of self-interest and greed. But this, Mitchel Abolafia suggests, would be a case of missing the real culture of the Street for the characters who dominate the financial news. Making Markets, an ethnography of Wall Street culture, offers a more complex picture of how the market and its denizens work. Not merely masses of individuals striving independently, markets appear here as socially constructed institutions in which the behavior of traders is suspended in a web of customs, norms, and structures of control. Within these structures we see the actions that led to the Drexel Burnham and Salomon Brothers debacles not as bizarre aberrations, but as mere exaggerations of behavior accepted on the Street. Abolafia looks at three subcultures that coexist in the world of Wall Street: the stock, bond, and futures markets. Through interviews, anecdotes, and the author’s skillful analysis, we see how traders and New York Stock Exchange “specialists” negotiate the perpetual tension between short-term self-interest and long-term self-restraint that marks their respective communities—and how the temptation toward excess spurs market activity. We also see the complex relationships among those market communities—why, for instance, NYSE specialists resent the freedoms permitted over-the-counter bond traders and futures traders. Making Markets shows us that what propels Wall Street is not a fundamental human drive or instinct, but strategies enacted in the context of social relationships, cultural idioms, and institutions—a cycle that moves between phases of unbridled self-interest and collective self-restraint."