Download or read book The South Sea Bubble written by Helen Paul and published by Routledge. This book was released on 2010-09-13 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is an economic history of the South Sea Bubble. It combines economic theory and quantitative analysis with historical evidence in order to provide a rounded account. It brings together scholarship from a variety of different fields to update the existing historical work on the Bubble. Up until now, economic history research has not been integrated into mainstream histories of 1720. Technical work on share prices and ledgers has been inaccessible to a wider audience. As well as providing new evidence against the gambling mania argument, the book also interprets the existing economic history scholarship for non-specialists.
Download or read book The South Sea Bubble written by John Carswell and published by Sutton Publishing. This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This classic account of the first great British financial scandal is a brilliant recreation of eighteenth-century social and economic life and will interest anyone fascinated by scandal, corruption, and human vanity.
Download or read book Money for Nothing written by Thomas Levenson and published by Random House. This book was released on 2020-08-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sweeping story of the world’s first financial crisis: “an astounding episode from the early days of financial markets that to this day continues to intrigue and perplex historians . . . narrative history at its best, lively and fresh with new insights” (Liaquat Ahamed, Pulitzer Prize–winning author of Lords of Finance) A Financial Times Economics Book of the Year ● Longlisted for the Financial Times/McKinsey Business Book of the Year Award In the heart of the Scientific Revolution, when new theories promised to explain the affairs of the universe, Britain was broke, facing a mountain of debt accumulated in war after war it could not afford. But that same Scientific Revolution—the kind of thinking that helped Isaac Newton solve the mysteries of the cosmos—would soon lead clever, if not always scrupulous, men to try to figure a way out of Britain’s financial troubles. Enter the upstart leaders of the South Sea Company. In 1719, they laid out a grand plan to swap citizens’ shares of the nation’s debt for company stock, removing the burden from the state and making South Sea’s directors a fortune in the process. Everybody would win. The king’s ministers took the bait—and everybody did win. Far too much, far too fast. The following crash came suddenly in a rush of scandal, jail, suicide, and ruin. But thanks to Britain’s leader, Robert Walpole, the kingdom found its way through to emerge with the first truly modern, reliable, and stable financial exchange. Thomas Levenson’s Money for Nothing tells the unbelievable story of the South Sea Bubble with all the exuberance, folly, and the catastrophe of an event whose impact can still be felt today.
Download or read book Boom and Bust written by William Quinn and published by Cambridge University Press. This book was released on 2020-08-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
Download or read book Famous First Bubbles written by Peter M. Garber and published by MIT Press. This book was released on 2001-08-24 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include "bubble," "tulipmania," "chain letter," "Ponzi scheme," "panic," "crash," "herding," and "irrational exuberance." Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event. In this book Garber offers market-fundamental explanations for the three most famous bubbles: the Dutch Tulipmania (1634-1637), the Mississippi Bubble (1719-1720), and the closely connected South Sea Bubble (1720). He focuses most closely on the Tulipmania because it is the event that most modern observers view as clearly crazy. Comparing the pattern of price declines for initially rare eighteenth-century bulbs to that of seventeenth-century bulbs, he concludes that the extremely high prices for rare bulbs and their rapid decline reflects normal pricing behavior. In the cases of the Mississippi and South Sea Bubbles, he describes the asset markets and financial manipulations involved in these episodes and casts them as market fundamentals.
Download or read book Money for Nothing written by Thomas Levenson and published by Random House Trade Paperbacks. This book was released on 2021-05-11 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sweeping story of the world’s first financial crisis: “an astounding episode from the early days of financial markets that to this day continues to intrigue and perplex historians . . . narrative history at its best, lively and fresh with new insights” (Liaquat Ahamed, Pulitzer Prize–winning author of Lords of Finance) A Financial Times Economics Book of the Year ● Longlisted for the Financial Times/McKinsey Business Book of the Year Award In the heart of the Scientific Revolution, when new theories promised to explain the affairs of the universe, Britain was broke, facing a mountain of debt accumulated in war after war it could not afford. But that same Scientific Revolution—the kind of thinking that helped Isaac Newton solve the mysteries of the cosmos—would soon lead clever, if not always scrupulous, men to try to figure a way out of Britain’s financial troubles. Enter the upstart leaders of the South Sea Company. In 1719, they laid out a grand plan to swap citizens’ shares of the nation’s debt for company stock, removing the burden from the state and making South Sea’s directors a fortune in the process. Everybody would win. The king’s ministers took the bait—and everybody did win. Far too much, far too fast. The following crash came suddenly in a rush of scandal, jail, suicide, and ruin. But thanks to Britain’s leader, Robert Walpole, the kingdom found its way through to emerge with the first truly modern, reliable, and stable financial exchange. Thomas Levenson’s Money for Nothing tells the unbelievable story of the South Sea Bubble with all the exuberance, folly, and the catastrophe of an event whose impact can still be felt today.
Download or read book The South Sea Bubble and Ireland written by Patrick Walsh and published by Boydell & Brewer Ltd. This book was released on 2014 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: In late September 1720 the South Sea bubble burst. The collapse of the South Sea Company's share price caused the first great British stock market crash, the repercussions of which were felt far beyond the City of London. Patrick Walsh's book traces for the first time the impact of the rise and fall of the South Sea bubble on the peripheries of the British state. Its primary focus is on Ireland, but Irish developments are placed within a comparative context, with special attention paid to Scotland. Drawing on an impressive array of evidence, including bank ledgers, private correspondence, pamphlets, newspapers, and contemporary literary sources, this book examines not only investment in London but also the impact of the bubble on the fate of non-metropolitan projects in the 'South Sea Year', notably the failed project for an Irish national bank. Central to the book is the lived experience of the bubble and the wider financial revolution. The stories of individual investors - their strategies, speculations, aspirations, gains, losses and misunderstandings - are employed to create a new, more personal narrative of the momentous events of 1720, showing how they impacted on the lives of the inhabitants of early eighteenth-century Britain and Ireland. Patrick Walsh is Irish Research Council CARA Postdoctoral Fellow at University College Dublin. He is the author of The Making of the Irish Protestant Ascendancy: The Life of William Conolly, 1662-1729 (Boydell Press, 2010).
Download or read book The Origins of English Financial Markets written by Anne L. Murphy and published by Cambridge University Press. This book was released on 2012-08-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed innovative tactics to attract money, its most famous scheme being the incorporation of the Bank of England. This book provides a comprehensive study of the choices and actions of the investors who enthusiastically embraced London's new financial market. It highlights the interactions between public and private finance, looks at how information circulated around the market and was used by speculators and investors, and documents the establishment of the institutions - the Bank of England, the national debt and an active secondary market in that debt - on which England's financial system was built.
Download or read book The South Sea Bubble written by John Carswell and published by Sutton Publishing. This book was released on 1993 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative account of this extraordinary 18th-century financial, political, and royal scandal, this book describes the drama of the promotion, the insane fever of speculation, and the international impact of the final collapse.
Download or read book South Sea Bubble written by Noël Coward and published by . This book was released on 2003-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The South Sea Bubble written by Lewis Melville and published by . This book was released on 1968 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The History of the South Sea Bubble written by Margaret Elizabeth Gangstad and published by . This book was released on 1932 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Swindle written by Virginia Cowles and published by Pickle Partners Publishing. This book was released on 2016-11-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1960, acclaimed American journalist and biographer Virginia Cowles provides rich background information on 18th century English politics and economic theories, as well as the story of a national speculation that became a national swindle. It is a “serious and scholarly study specifically concentrated on the financial swindle in all its ramifications, rather than on a portrait of the times.” Here, in minute detail, Cowles charts both the Mississippi Bubble in France and the South Sea Bubble in England, as speculators and manipulators sold the public from the royal house down on a new way to absorb the gigantic national debts. That the promised dividends were to come out of non-existent resources and funds—backed by the presumed integrity of those who launched the scheme—was branded by Robert Walpole as “evil of the first magnitude.” Here was the initial “stock market swindle” in history, which spread to the launching of lesser swindles and highlighted the depravity of the age. A fascinating historical read. Illustrated throughout with portrait paintings.
Download or read book The South Sea Bubble and the Numerous Fraudulent Projects to Which It Gave Rise in 1720 Historically Detailed as a Beacon to the Unwary Against Mode written by South Sea Bubble and published by . This book was released on 2017-08-20 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Sea Bubbles by the Earl Of Pembroke and the Doctor G H Kingsley written by George Henry Kingsley and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating book takes a deep dive into the South Sea Bubble of the 18th century, one of the most significant financial crises in history. Written by two experts on the subject, it provides a detailed and compelling account of the events that led up to the crisis and its lasting impact on the world. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The South Sea Bubble written by William Harrison Ainsworth and published by Nabu Press. This book was released on 2014-03 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ The South-sea Bubble: A Tale Of The Year 1720, Volume 1; The South-sea Bubble: A Tale Of The Year 1720; William Harrison Ainsworth; Volume 989 Of Collection Of British Authors William Harrison Ainsworth Tauchnitz, 1868 History; Europe; Great Britain; History / Europe / Great Britain
Download or read book The South Sea Bubble written by Robert Wernick and published by New Word City. This book was released on 2017-02-14 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the seventeenth century, English investors began to see money-making in a new light. A piece of paper - a share or a bond - could be as profitable as holdings in land and far less cumbersome to administer. Furthermore, while land was taxed, profits from these new securities were not. This inevitably led to abuse. In this short-form book, New York Times bestselling author Robert Wernick traces the remarkable history of the South Sea Bubble, one of the greatest financial scandals of all time.
