Money For Nothing_ The Scientists, Fraudsters, And Corrupt Politicians By Thomas Levenson EPUB

Torrent Details

Money for Nothing_ The Scientists, Fraudsters, and Corrupt Politicians    by Thomas Levenson EPUBMoney for Nothing_ The Scientists, Fraudsters, and Corrupt Politicians    by Thomas Levenson EPUB

NAME
Money for Nothing_ The Scientists, Fraudsters, and Corrupt Politicians by Thomas Levenson EPUB.torrent
CATEGORY
eBooks
INFOHASH
e657c0cb24040a5cce49f078dd27a1fd213ec402
SIZE
23 MB in 2 files
ADDED
Uploaded on 22-08-2020 by our crawler pet called "Spidey".
SWARM
4 seeders & 0 peers
RATING
No votes yet.

Please login to vote for this torrent.


Description

xx



Money for Nothing: The Scientists, Fraudsters, and Corrupt Politicians .. by Thomas Levenson EPUB



The sweeping story of how the greatest minds of the Scientific Revolution applied their new ideas to people, money, and markets - and along the way, invented modern finance.



"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)



Money for Nothing chronicles the moment when the needs of war, discoveries of natural philosophy, and ambitions of investors collided. It's about how the Scientific Revolution intertwined with finance to set England - and the world - off in an entirely new direction.



At the dawn of the 18th century, England was running out of money due to a prolonged war with France. Parliament tried raising additional funds by selling debt to its citizens, taking in money now with the promise of interest later. It was the first permanent national debt, but still they needed more. They turned to the stock market - a relatively new invention itself - where Isaac Newton's new mathematics of change over time, which he applied to the motions of the planets and the natural world, were fast being applied to the world of money. What kind of future returns could a person expect on an investment today? The Scientific Revolution could help. In the hub of London's stock market - Exchange Alley - the South Sea Company hatched a scheme to turn pieces of the national debt into shares of company stock, and over the spring of 1720 the plan worked brilliantly. Stock prices doubled, doubled again, and then doubled once more, getting everyone in London from tradespeople to the Prince of Wales involved in money mania that consumed the people, press, and pocketbooks of the empire.



Unlike science, though, with its tightly controlled experiments, the financial revolution was subject to trial and error on a grand scale, with dramatic, sometimes devastating consequences for people's lives. With England at war and in need of funds and "stock-jobbers" looking for any opportunity to get in on the action, this new world of finance had the potential to save the nation - but only if it didn't bankrupt it first.



xx

Discussion

Comments 0

Post Your Comment

Files in this torrent

FILENAMESIZE
free audiobook version.txt1015 B
Money for Nothing_ The Scientists, Fraudsters, and Corrupt Politicians .. by Thomas Levenson.epub23.1 MB

Alternative Torrents for 'Money for Nothing Scientists Fraudsters and Corrupt Politicians by Thomas Levenson EPUB'.

TORRENT NAMEADDEDSIZESEEDSPEERSHEALTH
8/22/202023 MB40